Cotonado Corporation has the following cost records for June 2020. $5,400 Factory utilities $460 21,100 Depreciation, factory equipment 1,620 3,860 Direct labor 41,620 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 3.980 Maintenance, factory equipment 1.990 6,050 Indirect materials 2.910 7,930 Factory manager's salary 3,960 CORONADO CORPORATION Cost of Goods Manufactured Schedule For the Year Ended June 30, 2020 $ Work In Process Inventory, June 1 Direct Materials Used 21100 Direct Labor 41620 Indirect Labor 5400 Factory Utilities 460 Maintenance, Factory Equipment 1990 1620 Depreciation, Factory Equipment Indirect Materials 2910 3960 Factory Manager's Salary Total Manufacturing Overhead 16340 2 MOLTE FOYERI 1770 Depreciation Factory Equipment 1620 Indirect Materials 2910 Factory Manager's Salary 3960 Total Manufacturing Overhead 16340 Total Manufacturing Costs Total Cost of Work in Process noon Less Work in Process Inventory, June 30 Cost of Goods Manufactured Prepare an income statement through gross profit for June 2020 assuming sales revenue is $88,030. CORONADO CORPORATION Income Statement (Partial) For the Year Ended June 30, 2020 DOM