[The following information applies to the questions displayed below.] The following year-end information is taken from the December 31 adjusted trial balance and other records of Leone Company. Advertising expense Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation expense-Factory equipment Maintenance expense-Factory equipment $ 63,000 42,000 43,000 85,000 Raw materials purchases (all direct materials) 950,000 46,500 Factory utilities 40,000 540,000 81,000 49,000 29,000 70,000 168,000 403,000 Direct labor Indirect labor Office salaries expense Rent expense-office space Rent expense-Selling space Rent expense-Factory building Sales salaries expense Using the following additional information for Leone Company, complete the requirements below. Raw materials inventory, beginning Raw materials inventory, ending Work in process inventory, beginning Sales Work in process inventory, ending Finished goods inventory, beginning Finished goods inventory, ending $ 190,000 195,000 57,000 3,111,000 61,000 80,000 88,000