Required information

PR $3-42($Algo$)$ Schedule of Cost of Goods Manufactured and Sold; Income Statement $($LO $3-6)$

$[$The following information applies to the questions displayed below.$]$

Work$-$in$-$process inventory, $12/31/$x$0$

Selling and administrative salaries

Insurance on factory and equipment

Work$-$in$-$process inventory, $\frac{12}{31}\frac{?}{?}1$

Finished$-$goods inventory, $\frac{12}{31}\frac{?}{x0}$

Cash balance, $\frac{12}{31}\frac{?}{?}1$

Indirect material used

Depreciation on factory equipment

Raw$-$material inventory, $\frac{12}{31}\frac{?}{?}0$

Property taxes on factory

Finished$-$goods inventory, $12/31/$x$1$

Purchases of raw material in $201$

Utilities for factory

Utilities for sales and administrative offices

Other selling and administrative expenses

Indirect$-$labor cost incurred

Depreciation on factory building

Depreciation on cars used by sales personnel

Direct$-$labor cost incurred

Raw$-$material inventory, $\frac{12}{31}\frac{?}{?}1$

Accounts receivable, $\frac{12}{31}\frac{?}{?}1$

Rental for warehouse space to store raw material

Rental of space for company president's office

Applied manufacturing overhead

Sales revenue

Income tax expense

PR $3-42($Algo$)$ Part $3$ Prepare the company's income statement...

Prepare the company's income statement for $201.$