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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 $ 88
Work-in-process inventory 111
Finished goods inventory 1,650
Information for the year:
Administrative costs $ 3,620
Direct labor 12,700
Direct materials purchases 8,210
Factory and machine depreciation 11,740
Factory supervision 734
Factory utilities 965
Indirect factory labor 2,860
Indirect materials and supplies 684
Marketing costs 1,490
Property taxes on factory 281
Sales revenue 45,800
Information on December 31 (Ending):
Direct materials inventory $ 92
Work-in-process inventory 126
Finished goods inventory 1,430

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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