The following data pertain to Babor Company for the fiscal year ended December 31:

Sales in the current year were $625,000.
Required
Prepare a schedule of cost of goods manufactured and an income statement for the current year for Babor Company similar to those in Exhibit 3.15A.

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Prior December 31 Current December 31 Purchases of direct materials Direct labor Indirect labor Factory insurance Depreciation-factory Repairs and maintenance-factory Marketing expenses General and administrative expenses Direct materials inventory Work-in-process inventory Finished goods inventory $165,000 114,000 5,000 8,000 33,000 11,000 144,000 86,000 55,000 16,000 24,000 $23,000 13,000 17,000