Beena Corporation has the following information available about its July, 2020 production:

1. Finished goods inventory on July 1, 2020 is $27,760 and on July 31, 2020 is $25,190.

2. Work in process inventory on July 1, 2020 is $25,190 and on July 31, 2020 is $22,740.

3. Raw materials inventory on July 1, 2020 is $10,340 and on July 31, 2020 is $8,510.

4. Direct materials used in production in July were $44,100. Direct labour incurred in production in July was $29,900 and manufacturing overhead applied to production is $41,300.

5. Net Sales for July, 2020 was $156,300.

Prepare a condensed cost of goods manufactured schedule for July, 2020.

Prepare a condensed cost of goods manufactured schedule for July, 2020.

Prepare an income statement up to gross profit for July, 2020.

Indicate the inventory balances that appear on the balance sheet at July 31, 2020. (List assets in order of liquidity.)