Use the following information for the Exercises below.

The following selected account balances are provided for Delray Mfg.

Sales	$	1,295,000
Raw materials inventory, Dec. 31, 2016		38,000
Work in process inventory, Dec. 31, 2016		55,800
Finished goods inventory, Dec. 31, 2016		62,900
Raw materials purchases		186,200
Direct labor		228,000
Factory computer supplies used		22,200
Indirect labor		49,000
RepairsFactory equipment		5,250
Rent cost of factory building		59,000
Advertising expense		106,000
General and administrative expenses		134,000
Raw materials inventory, Dec. 31, 2017		41,400
Work in process inventory, Dec. 31, 2017		39,500
Finished goods inventory, Dec. 31, 2017		69,800

Exercise 14-13 Preparation of schedule of cost of goods manufactured LO P2

Prepare its schedule of cost of goods manufactured for the year ended December 31, 2017.

Exercise 14-14 Income statement preparation LO P2

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