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Chapter 14 Homework A Help Save & Exit Submit Check my work Required information The following selected account balances are provided for Delray Mfg. points Book Hint Print References Sales Raw materials inventory, Dec. 31, 2016 Work in process inventory, Dec. 31, 2016 Finished goods inventory, Dec. 31, 2016 Raw materials purchases Direct labor Factory computer supplies used Indirect labor Repairs-Factory equipment Rent cost of factory building Advertising expense General and administrative expenses Raw materials inventory, Dec. 31, 2017 Work in process inventory, Dec. 31, 2017 Finished goods inventory, Dec. 31, 2017 $ 1,135,000 40,000 59,500 64,200 164,900 227,000 23,300 52,000 5,250 58,000 95,000 131,000 49, 100 43,200 66,000 Prepare an income statement for Delray Mfg. (a manufacturer). DELRAY MFG Income Statement Chapter 14 Homework Help Save & Exit Submit Check my work Prepare an income statement for Delray Mfg. (a manufacturer). DELRAY MFG. Income Statement For Year Ended December 31, 2017 points eBook Cost of goods sold Hent Print References Cost of goods available for sale Cost of goods sold Operating expenses Total operating expenses Operating income