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Use the following selected account balances of Delray Manufacturing for the year ended December 3 1 . Sales $ 1 , 5 5 0 ,

Use the following selected account balances of Delray Manufacturing for the year ended December 31.
Sales
$1,550,000
66,000
86,000
112,000
304,000
365,000
55,000
44,000
88,000
141,000
226,000
79,000
103,000
134,000
Exercise 14-14(Algo) Income statement preparation LO P1
Prepare an income statement for Delray Manufacturing (a manufacturer). Assume that its cost of goods manufactured is $826,000.
DELRAY MANUFACTURING
Income Statement
For Year Ended December 31
\table[[,,],[Cost of goods sold:,,],[,,],[,,int],[,,],[Goods available for sale,,],[,,],[Cost of goods sold,,]]
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