The following information appears in Toledo Toy Company's records for last year:

Sales revenue.........................................$99,300

Administrative costs.................................19,700

Manufacturing building depreciation.............11,750

Indirect materials and supplies.....................2,150

Sales commissions.....................................6,800

Raw-material inventory, January 1................8,200

Direct labor.............................................16,300

Raw-material inventory, December 31............9,000

Finished-goods inventory, January 1..............4,450

Finished goods inventory, December 31..........3,900

Raw-materials purchases...........................10,150

Work-in-process inventory, December 31.......5,550

Supervisory and indirect labor......................6,200

Property taxes, manufacturing plant..............3,700

Plant utilities and power............................11,500

Work-in-process inventory, January 1...........6,600

Prepare an income statement with a supporting schedule of cost of goods sold.