Instructions Slapshot Company makes ice hockey sticks and sold 1,870 sticks during the month of June at a total cost of $486,200 Each stick sold at a price of $420. Slapshot also incurred two types of selling costs commissions equal to 10% of the sales price and other selling expense of $63,600 Administrative expense totaled $53,500 Required: Prepare an income statement for Slapshot for the month of June Labels and Amount Descriptions Refer to the list below for the exact wording of labels or amount descriptions on the income statement Labels Add For the Month of June June 30 Less Selling expenses Amount Descriptions Administrative expenses Commissions Cost of goods manufactured Labels and Amount Descriptions Amount Descriptions Administrative expenses Commissions Cost of goods manufactured Cost of goods sold Fixed selling expenses Gross margin Operating income Operating loss Purchases Sales revenue Total selling expenses Income Statement Prepare an income statement for Slapshor for the month of June. Refer to the list of Labels and Amount Descriptions for the exact wording of toxr entries on the income Statement Be sure to complete the statement heading Slapshot Company Income Statement (Label +