Tombert Company is a manufacturer of computers. Its controller resigned in October 2020. An inexperienced assistant accountant has prepared the following income statement for the month of October 2020. TOMBERT COMPANY Income Statement For the Month Ended October 31, 2020 Sales (net) Less: Operating expenses Raw materials purchases $264,150 Direct labour cost 190,700 Advertising expense 89,900 Selling and administrative salaries 74,700 Rent on factory facilities 60,450 Depreciation on sales equipment 44,700 Depreciation on factory equipment. 31,600 Indirect labour cost 28,500 Utilities expense 12,800 $781,300