Cepeda Corporation has the following cost records for June 2020.

Indirect factory labor		$5,540		Factory utilities		$420
Direct materials used		22,490		Depreciation, factory equipment		1,760
Work in process, 6/1/20		3,340		Direct labor		41,640
Work in process, 6/30/20		4,470		Maintenance, factory equipment		1,890
Finished goods, 6/1/20		5,620		Indirect materials		2,530
Finished goods, 6/30/20		8,410		Factory managers salary		3,300

(b) Prepare an income statement through gross profit for June 2020 assuming sales revenue is $87,990.