The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company.

Advertising expense	$	25,500		Direct labor	$	697,800
Depreciation expenseOffice equipment		8,300		Income taxes expense		295,000
Depreciation expenseSelling equipment		10,400		Indirect labor		59,100
Depreciation expenseFactory equipment		38,600		Miscellaneous production costs		11,500
Factory supervision		115,300		Office salaries expense		67,000
Factory supplies used		8,300		Raw materials purchases		949,000
Factory utilities		45,000		Rent expenseOffice space		26,000
Inventories				Rent expenseSelling space		28,800
Raw materials, December 31, 2018		163,300		Rent expenseFactory building		79,100
Raw materials, December 31, 2019		195,000		Maintenance expenseFactory equipment		38,100
Work in process, December 31, 2018		16,500		Sales		4,496,900
Work in process, December 31, 2019		20,700		Sales salaries expense		390,600
Finished goods, December 31, 2018		160,400
Finished goods, December 31, 2019		136,800

2. Prepare the companys 2019 income statement that reports separate categories for (a) selling expenses and (b) general and administrative expenses.