Blossom Manufacturing Company has the following data at June 30, 2022: Raw materials inventory, June 1 $ 11,040 Work in process inventory, June 1 14,480 Finished goods inventory, June 1 34,800 Total manufacturing costs 344,000 Sales 464,000 Work in process inventory, June 30 24,320 Finished goods inventory, June 30 44,160 Raw materials inventory, June 30 14,400 Prepare an income statement through gross profit for the month of June. BLOSSOM MANUFACTURING COMPANY (Partial) Income Statement For the Month Ended June 30, 2022 Sales Cost of Goods Sold Finished Goods Inventory, June 1 Cost of Goods Manufactured Cost of Goods Available for Sale EA 34,800 334,160 368,960 Finished Goods Inventory, June 30 44,160 i Cost of Goods Sold Gross profit/(Loss) FA $ 464,000 EA $ 324,800 i 139,200 Indicate the balance sheet presentation of the June 30 inventories. (List Current Assets in order of liquidity.) BLOSSOM MANUFACTURING COMPANY (Partial) Balance Sheet For the Month Ended June 30, 2022 A $XXXX XXXX