CLARKSON COMPANY (Partial) Income Statement For the Year Ended June 30, 2020 Sales Revenue 555000 Less Sales Discount 4300 Net Sales 550700 Cost of Goods Sold Finished Goods Inventory, July 1, 2019 96100 Cost of Goods Manufactured 1905201 Cost of Good for Sale 476620 0.63/1 Cost of Goods Available for Sale 486620 Less Finished Goods Inventory, June 30, 2020 19900 Cost of Goods Sold 466720 Gross Profit 83900 Prepare the current assets section of the balance sheet at June 30, 2020. (List Current Assets in order of liquidity) CLARKSON COMPANY (Partial) Balance Sheet S 1 $ CLARKSON COMPANY (Partial) Income Statement For the Year Ended June 30, 2020 Sales Revenue 555000 Less Sales Discount 4300 Net Sales 550700 Cost of Goods Sold Finished Goods Inventory, July 1, 2019 96100 Cost of Goods Manufactured 1905201 Cost of Good for Sale 476620 0.63/1 Cost of Goods Available for Sale 486620 Less Finished Goods Inventory, June 30, 2020 19900 Cost of Goods Sold 466720 Gross Profit 83900 Prepare the current assets section of the balance sheet at June 30, 2020. (List Current Assets in order of liquidity) CLARKSON COMPANY (Partial) Balance Sheet S 1 $