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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 115
Finished goods inventory 1,680
Information for the year:
Administrative costs $ 3,640
Direct labor 12,550
Direct materials purchases 8,290
Factory and machine depreciation 11,590
Factory supervision 761
Factory utilities 931
Indirect factory labor 2,940
Indirect materials and supplies 678
Marketing costs 1,490
Property taxes on factory 300
Sales revenue 45,800
Information on December 31 (Ending):
Direct materials inventory $ 92
Work-in-process inventory 147
Finished goods inventory 1,490

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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