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-Factory equipment Maintenance expense-Factory equipment Factory utilities $ 37,000 16,000 Depreciation expense-Selling equipment 17,000 59,000 Raw materials purchases (all direct materials) 690,000 38,700 34,800 436,000 65,000 39,000 23,000 55,000 132,000 317,000 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 $ 138,000 143,000 41,000 2,331,000 45,000 57,000 65,000. 1. Prepare the schedule of cost of goods manufactured for the current year. 2. Prepare the current year income statement. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the schedule of cost of goods manufactured for the current year. Direct materials. LEONE COMPANY Schedule of Cost of Goods Manufactured For Year Ended December 31 Raw materials available for use Direct materials used Factory overhead Required information Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Saved Cost of goods manufactured Required 1 Required 2 > Required 1 wwww Required 2 Prepare the current year income statement. LEONE COMPANY Income Statement For Year Ended December 31 Cost of goods sold Goods available for sale Cost of goods sold < Required 1 Required 2