Not graded.

Please help explain where "sales" is and how to finish

Lederman Manufacturing Corporation sold 15,000 units of product for $40 each during 2016. During the year, 5,000 shares of common stock were outstanding.

Lederman Manufacturing Corporation Schedule of Cost of Goods Manufactured and Sold For the Year Ended December 31, 2016
Direct material:
Beginning materials inventory		$25,000
Cost of materials purchased		125,000
Cost of material available		150,000
Less: Ending materials Inventory		15,000
Total materials used		135,000
Less: Indirect material used		12,000
Direct materials used			$123,000
Direct labor			148,000
Manufacturing overhead
Indirect material		12,000
Indirect labor		37,000
Factory supplies used		10,000
Factory depreciation		65,000
Factory repairs and maintenance		21,000
Total manufacturing overhead			145,000
Total manufacturing costs for the year			416,000
Add: Beginning work in process inventory			30,000
Total cost of work in process during the year			446,000
Less: Ending work in process inventory			41,000
Cost of goods manufactured			405,000
Add: Beginning finished goods inventory			51,000
Cost of goods available for sale			456,000
Less: Ending finished goods inventory			36,000
Cost of goods sold			$420,000
Selling expenses (total)			$62,000
Non-factory administrative expenses (total)			58,000

Prepare an income statement for the year (ignore income taxes). Calculate earnings per share.

Do not use negative signs with answers. Round earnings per share to two decimal places.

Lederman Maufacturing Corporation Income Statement For the Year Ended December 31, 2016
AnswerCost of goods soldNet incomeNon-factory administrative expensesSalesSelling expenses		Answer
AnswerCost of goods soldNet incomeNon-factory administrative expensesSalesSelling expenses		Answer
Gross profit on sales		Answer
Operating expenses:
AnswerCost of goods soldNet incomeSalesSelling expenses	Answer
AnswerCost of goods soldNet incomeNon-factory administrative expensesSales	Answer	Answer
AnswerCost of goods soldNet incomeNon-factory administrative expensesSalesSelling expenses		Answer
Earnings per share of common stock		Answer