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what am I missing? Required Information The following selected account balances are provided for Delray Mfg. Sales $ 1,295,000 Raw materials inventory, beginning 40,000 Work

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Required Information The following selected account balances are provided for Delray Mfg. Sales $ 1,295,000 Raw materials inventory, beginning 40,000 Work in process inventory, beginning 59,200 Finished goods inventory, beginning 63,000 Raw materials purchases 139,000 Direct labor 249,000 Factory supplies used (indirect materials] 23,000 Indirect labor 41,000 RepairsFactory equipment 5,250 Rent cost of factory building 53,000 Advertising expense 31,000 General and administrative expenses 133,000 new materials inventory, ending 45,600 Work in process inventory, ending 45,100 Finished goods inventory, ending 66,000 Prepare an income statement for Delray Mfg. [a manufacturer]. 9 Answer Is not complete. $ 1,295,000 0 Cost of goods sold Finished goods inventory, beginning 3 Cost of goods manufactured Cost of goods available for le Leas Finished goods inventonf, ending Cost of goods sold 2.800 Gross prot 1,292.200 Operating expenses Advertising expense 81,000 a General and administrative expenses 138,000 a Total operating expenses 210.000 Operating income $ 1,0?3.200

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