Use the following information for the Exercises below. (Algo). [The following information applies to the questions displayed below.] Use the following selected account balances of Delray Manufacturing for the year ended December 31. Sales Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory, beginning Raw materials purchases $ 2,250,000 94,000 122,000 159,000 432,000 Direct labor 518,000 Indirect labor 78,000 Repairs-Factory equipment 62,000. Rent cost of factory building 124,000 Selling expenses 198,000 General and administrative expenses 317,000 Raw materials inventory, ending Work in process inventory, ending 113,000 146,000 Finished goods inventory, ending 191,000 of 2 Required information. Cost of goods sold: DELRAY MANUFACTURING Income Statement For Year Ended December 31 0:49:22 Goods available for sale took Cost of goods sold int int rences Net income S