The following information appears in Alexis Company's records for last year: Administrative costs. $ 88,600 Manufacturing building depreciation. 54,000 Indirect materials and supplies .... 12,600 Sales commissions.... 30,400 Direct materials inventory, January 1 . 36,800 Direct labor. ... 71,200 Direct materials inventory, December 31 38,000 Finished goods inventory, January 1. ..... 21,800 Finished goods inventory, December 31. ...... 18,000 Direct materials purchases.... 44,600 Work in process inventory, December 31 26,200 Supervisory and indirect labor..... 28,800 Property taxes, manufacturing plant. 16,800 Plant utilities and power 47,000 Work in process inventory, January 1 . ....... 30,800 Sales revenue .. 420,800 Prepare an income statement with a supporting cost of goods sold statement