Cepeda Corporation has the following cost records for June 2020. Indirect factory labor Direct materials used Work in process, 6/1/20 Work in process, 6/30/20 Finished goods, 6/1/20 Finished goods, 6/30/20 $5,210 Factory utilities 22,640 3,580 3,980 5,230 Depreciation, factory equipment Direct labor Maintenance, factory equipment Indirect materials 8,520 Factory manager's salary $440 1.790 42,090 1,810 2,670 3,910

Cepeda Corporation has the following cost records for June 2020. Prepare an income statement through gross profit for June 2020 assuming sales revenue is $87,710