Use the following information for the Problems below. $($Algo$)$ 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.

$\backslash$table$[[$Costs$,$Type of Product Cost,Type of Period Cost$],[1.$ Advertising expense,?,?$],[2.$ Depreciation expense$-$Office equipment,?,$>],[3.$ Depreciation expense$-$Selling equipment,?,?$],[4.$ Depreciation expense$-$Factory equipment,$>,],[5.$ Raw materials purchases $($all direct materials$),,?],[6.$ Maintenance expense$-$Factory equipment,?,$\backslash ],[7.$ Factory utilities,$>,],[8.$ Direct labor,,$],[9.$ Indirect labor,$\backslash ,],[10.$ Office salaries expense,,$],[11.$ Rent expense$-$Office space,?,$],[12.$ Rent expense$$Selling space,?,$],[13.$ Rent expense$$Factory building,$,],[14.$ Sales salaries expense,,$]]$ Using the following additional information for Leone Company, complete the requirements below.

Required:

Prepare the schedule of cost of goods manufactured for the current year.

Prepare the current year income statement.Prepare the current year income statement.

$[$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.