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 Direct labor Indirect labor Repairs-Factory equipment Rent cost of factory building Selling expenses General and administrative expenses 5 Raw materials inventory, ending 5 Work in process inventory, ending 7 Finished goods inventory, ending 8 $1,250,000 37,000 53,900 62,700 175,600 225,000 47,000 23,000 57,000 94,000 129,300 42,700 41,500 67,300 9 Required: 0 Prepare its schedule of cost of goods manufactured for the year ended December 31. #1