$[$The following information applies to the questions displayed below.$]$

Use the following selected account balances of Delray Manufacturing for the year ended December $31.$

Sales

Raw materials inventory, beginning

Work in process inventory, beginning

Finished goods inventory, beginning

Raw materials purchases

Direct labor

Indirect labor

Repairs$-$Factory equipment

Rent cost of factory building

Selling expenses

General and administrative expenses

Raw materials inventory, ending

Work in process inventory, ending

Finished goods inventory, ending

$$2,600,000$

$108,000$

$140,000$

$182,000$

$497,000$

$596,000$

$89,000$

$71,000$

$142,000$

$227,000$

$363,000$

$130,000$

$168,000$

$218,000$

Prepare an income statement for Delray Manufacturing $($a manufacturer$).$ Assume that its cost of goods manufactured is $$1,345,000.$

$\backslash$table$[[$DELRAY MANUFACTURING,$],[$Income Statement,,$],[$For Year Ended December $31,,],[$Cost of goods sold:,,$],[,,],[,,],[$Goods available for sale,,$]]$