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Required information [The following information applies to the questions displayed below.] Use the following selected account balances of Delray Manufacturing for the year ended December 31 . Prepare its schedule of cost of goods manufactured for the year ended December 31 . Prepare its schedule of cost of goods manufactured for the year ended December 31. Prepare an income statement for Delray Manufacturing (a manufacturer). Assume that its cost of goods manufactured is $534,300. Required: Identify each cost as either a product cost or a period cost. If a product cost, classify it as direct materials, direct labor, or factory overhead. If a period cost, classify it as a selling expense or a general and administrative expense. Note: Leave no cell blank. Enter "NA - Not a product cost" or "NA - Not a period cost" for expenses that are not product cost or period cost. newisne the erheduiln of cost of aoods manufactured for the current year. Complete this question by entering your answers in the tabs below. Prepare the current year income statement