Question: ! Required Information Use the following Information for the Problems below. (Algo) [The following information applies to the questions displayed below.] The following year-end

! Required Information Use the following Information for the Problems below. (Algo)[The following information applies to the questions displayed below.] The following year-endinformation is taken from the December 31 adjusted trial balance and otherrecords of Leone Company. Advertising expense $ 39,000 Depreciation expense-office equipment Depreciationexpense-Selling equipment 18,000 19,000 Depreciation expense-Factory equipment Raw materials purchases (all direct

! Required Information Use the following Information for the Problems below. (Algo) [The following information applies to the questions displayed below.] The following year-end information is taken from the December 31 adjusted trial balance and other records of Leone Company. Advertising expense $ 39,000 Depreciation expense-office equipment Depreciation expense-Selling equipment 18,000 19,000 Depreciation expense-Factory equipment Raw materials purchases (all direct materials) 61,000 710,000 Maintenance expense-Factory equipment. Factory utilities Direct labor 39,300 35,200 444,000 Indirect labor office salaries expense 67,000 40,000 Rent expense-office space 24,000 Rent expense-Selling space 58,000 Rent expense-Factory building 139,000 Sales salaries expense 334,000

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