The following information applies to the questions displayed below.] The following data refer to Huron Corporation for the year 20x2. Sales revenue $ 2,107,000 Raw-material inventory, 12/31/x1 89,000 Purchases of raw material in 20x2 730,000 Raw-material inventory, 12/31/x2 59,000 Direct-labor cost incurred 474,000 Selling and administrative expenses 268,000 Indirect labor cost incurred 151,000 Property taxes on factory 91,000 Depreciation on factory building 125,000 Income tax expense 23,000 Indirect material used 45,000 Depreciation on factory equipment 61,000 Insurance on factory and equipment 40,000 Utilities for factory 71,000 Work-in-process inventory, 12/31/x1 0 Work-in-process inventory, 12/31/x2 40,000 Finished-goods inventory, 12/31/x1 34,000 Fin