Cepeda Corporation has the following cost records for June 2020. Indirect factory labor $4,620 Factory utilities $490 Direct materials used 21,940 Depreciation, factory equipment 1,690 Work in process, 6/1/20 3,720 Direct labor 42,810 Work in process, 6/30/20 4,050 Maintenance, factory equipment 1,860 Finished goods, 6/1/20 5,400 Indirect materials 2,260 Finished goods, 6/30/20 7,660 Factory manager's salary 3,990 Prepare an income statement through gross profit for June 2020 assuming sales revenue is $88,720. CEPEDA CORPORATION Income Statement (Partial) $ $ $