Advertising expense $ 31,900
Direct labor $ 689,200
Depreciation expense—Office equipment 9,400
Income taxes expense 267,700
Depreciation expense—Selling equipment 10,200
Indirect labor 57,200
Depreciation expense—Factory equipment 37,200
Miscellaneous production costs 9,100
Factory supervision 141,500
Office salaries expense 63,000
Factory supplies used 8,700
Raw materials purchases 944,000
Factory utilities 38,000
Rent expense—Office space 24,000
Inventories Rent expense—Selling space 28,400
Raw materials, December 31, 2016 161,300
Rent expense—Factory building 80,700
Raw materials, December 31, 2017 175,000
Maintenance expense—Factory equipment 37,400
Work in process, December 31, 2016 16,800
Sales 4,596,700
Work in process, December 31, 2017 18,200
Sales salaries expense 391,600
Finished goods, December 31, 2016 167,900
Finished goods, December 31, 2017 138,100

Prepare the company's 2017 income statement that reports separate categories for (a) selling expenses and (b) general and administrative expenses.