Cheyenne Corporation has the following cost records for June 2022. $4,000 Factory utilities $340 17,600 Depreciation factory equipment 1,220 Indirect factory labor Direct materials used Work in process, 6/1/22 Work in process, 6/30/22 Finished goods, 6/1/22 2,640 Direct labor 35,200 3,320 1,560 Maintenance, factory equipment Indirect materials 4,400 2,000 Finished goods, 6/30/22 6,600 Factory manager's salary 2,640 CHEYENNE CORPORATION Cost of Goods Manufactured Schedule For the Month Ended June 30, 2022 Work in Process. June 1 Direct Materials Used 17600 Direct Labor 35200 Manufacturing Overhead Indirect Labor $ 4000 Factory Utilities 340 Depreciation Factory Equipment 1220 Maintenance Factory Equipment 1560 Indirect Materials 2000 Factory Manager's Salary 2640 Total Cost of Work in Process 11760 Total Manufacturing Costs Total Cost of Work in Process Less Work in Process, June 30 Cost of Goods Manufactured CHEYENNE CORPORATION Cost of Goods Manufactured Schedule For the Month Ended June 30, 2022 $ 2640 $ 17600 35200 4000 340 1220 1560 2000 2640 11760 64560 67200 30 (3320) 63880 (b) Prepare an income statement through gross profit for June 2022 assuming sales revenue is $80,900. CHEYENNE CORPORATION Income Statement (Partial) $