Howie Stars produces starts for elementary teachers to reward their students. Howie Stars' trial balance on June 1 follows:
HOWIE STARS Trial Balance June 1, 2012
			Balance
		Account Title	Debit	Credit
		Cash	$14,000
		Accounts receivable	155,000
		Inventories:
		Materials	5,700
		Work in process	39,400
		Finished goods	20,400
		Plant assets	200,000
		Accumulated depreciation		$72,000
		Accounts payable		127,000
		Wages payable		1,700
		Common stock		142,000
		Retained earnings		91,800
		Sales revenue