The following data pertain to Spartan Products Company:

Sales revenue Materials inventory, Jan. 1 30,000 Direct laborwages 400,000 Depreciation expenseplant and 90,000 Indirect laborwages 15,000 Heat, light, and powerplant 17,000 Supervisor' s salaryplant 50,000 Finished goods inventory, Jan. 40,000 Workinprocess inventory, Dec . 30,000 Suppliesadministrative office Property taxesplant 33,000 Finished goods inventory, Dec . 50,000 Materials inventory, Dec. 31 35,000 340,000 45,000 220,000 45,000 $2,500,000 equipment 1 31 31 Sales representatives' salaries Workinprocess inventory, Jan. 1 Materials purchases Suppliesplant Depreciationadministrative office 8,000 8,000