Use the information in Exercise 18-13 to prepare an income statement for Spalding Compan...

Use the information in Exercise 18-13 to prepare an income statement for Spalding Company (a manufacturer). Assume that its cost of goods manufactured is $566,250.

Given the following selected account balances of Spalding Company, prepare its manufacturing statement for the year ended on December 31, 2009. Include a listing of the individual overhead account balances in this statement.