The following selected account balances are provided for Delray Mfg.

Sales	$	1,365,000
Raw materials inventory, beginning		40,000
Work in process inventory, beginning		50,300
Finished goods inventory, beginning		62,600
Raw materials purchases		178,700
Direct labor		226,000
Factory supplies used (indirect materials)		24,700
Indirect labor		47,000
RepairsFactory equipment		5,250
Rent cost of factory building		54,000
Advertising expense		88,000
General and administrative expenses		134,000
Raw materials inventory, ending		44,800
Work in process inventory, ending		42,000
Finished goods inventory, ending		70,600

Prepare its schedule of cost of goods manufactured for the current year ended December 31.

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