[The following information applies to the questions displayed below.) The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company Advertising expense Depreciation expense-office equipment Depreciation expense-Selling equipment Depreciation expense-Factory equipment Pactory supervision Factory supplies used Factory utilities Inventories Raw materials, December 31, 2018 Raw materials, December 31, 2019 Work in process, December 31, 2018 Work in process, December 31, 2019 Finished goods, December 31, 2018 Finished goods, December 31, 2019 $ 27,000 Direct labor 8,100 Income taxes expense 10,100 Indirect labor 33,600 Miscellaneous production costs 133,000 office salaries expense 8,700 Raw materials purchases 34,000 Rent expense-office space Rent expense-Selling space 164,800 Rent expense-Factory building 178,000 Maintenance expense-Factory equipment 19,000 Sales 21,400 Sales salaries expense 161,800 135, 300 $ 696,300 246,600 57,3001 9,600 63,000 982,000 26,000 29,900 78,400 35,700 4,436,300 391,600 . Prepare the company's 2019 income statement that reports separate categories for (a) selling expenses and (b) general and riministrathin ennen 2. Prepare the company's 2019 income statement that reports separate categories for (a) selling expenses and (b) ger administrative expenses. 2 LEONE COMPANY Income Statement For Year Ended December 31, 2019 Cost of goods sold K ces Goods available for sale 0 Cost of goods sold 0 0 Operating expenses Selling expenses Total selling expenses 0 Goods available for sale 0 Cost of goods sold 0 Operating expenses Selling expenses 0 Total selling expenses General and administrative expenses 0 0 Total general and administrative expenses Total operating expenses Income before taxes 0 $ 0 Net income