The following calendar year end information is taken from the December 31 2009 adjusted Trail balance and other records of Gucci company.

Advertising Expense ............ $26,600

Depreciation Expense – Office Equipment .... $11,500

Depreciation Expense – Selling Equipment .... $10,800

Depreciation Expense – Factory Equipment ....... $38,200

Factory Supervision ................$105,700

Factory Supplies Used ................ $7,800

Factory Utilities .................. $34,000

Inventories

Raw Materials – Dec. 31, 2008.........$165,900

Raw Materials – Dec. 31, 2009..........$187,000

Goods in Process – Dec. 31, 2008.......... $18,100

Goods in Process – Dec. 31, 2009........... $24,600

Finished Goods – Dec. 31, 2008.........$164,100

Finished Goods – Dec. 31, 2009.........$135,900

Direct Labor ...................$680,400

Income Tax Expense .............. $291,500

Indirect Labor ................. $58,800

Miscellaneous production costs .......... $9,800

Office salaries expense ............. $74,000

Raw Materials Purchases .............$965,000

Rent Expense – Office Space .......... $23,000

Rent Expense – Selling Space ........... $25,200

Rent Expense – Factory Building ......... $81,600

Maintenance Expense – Factory Equipment ..... $37,100

Sales .................. $4,630,000

Sales Discounts ................ $63,600

Sales Salaries Expense ..............$398,400

Required

1. Prepare the company’s 2009 manufacturing statement.

2. Prepare the company’s 2009 income statement that reports separate categories for (a) selling expenses and (b) general and administrative expenses.