The following selected account balances are provided for Delray Mfg.

Sales	$	1,095,000
Raw materials inventory, beginning		36,000
Work in process inventory, beginning		54,900
Finished goods inventory, beginning		67,000
Raw materials purchases		184,500
Direct labor		231,000
Factory supplies used (indirect materials)		16,600
Indirect labor		59,000
RepairsFactory equipment		5,250
Rent cost of factory building		53,000
Advertising expense		104,000
General and administrative expenses		141,000
Raw materials inventory, ending		44,200
Work in process inventory, ending		45,900
Finished goods inventory, ending		65,600

Prepare an income statement for Delray Mfg. (a manufacturer).