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Yolo Windows, a manufacturer of windows for commercial buildings, reports the following account information for last year (all costs are in thousands of dollars): Information

Yolo Windows, a manufacturer of windows for commercial buildings, reports the following account information for last year (all costs are in thousands of dollars):

Information on January 1 (Beginning):
Direct materials inventory $ 82
Work-in-process inventory 118
Finished goods inventory 1,690
Information for the year:
Administrative costs $ 3,670
Direct labor 12,650
Direct materials purchases 8,280
Factory and machine depreciation 11,590
Factory supervision 758
Factory utilities 961
Indirect factory labor 2,940
Indirect materials and supplies 687
Marketing costs 1,490
Property taxes on factory 292
Sales revenue 45,600
Information on December 31 (Ending):
Direct materials inventory $ 98
Work-in-process inventory 147
Finished goods inventory 1,460

Required:

Prepare an income statement with a supporting cost of goods sold statement. (Enter your answers in thousands of dollars (i.e., 234,000 should be entered as 234).)

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