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Ivanhoe Maructuring Company has the following date 2022 Raw materials inventory $ 14460 Work in process inventory, June 1 Fished goods inventory, June 1 Total

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Ivanhoe Maructuring Company has the following date 2022 Raw materials inventory $ 14460 Work in process inventory, June 1 Fished goods inventory, June 1 Total manufacturing costs 19520 4.RO 4400 Sales 626400 3260 Work in process inventory Finished goods inventory, June 30 Raw materials twentory, June 30 59.560 19.440 Prepare an income statement through gross profit for the month of June, IVANHOE MANUFACTURING COMPANY (Partial) Income Statement June 30, 2022 Sales 626400 Cost of Goods Sold Finished Goods Inventory, June 1 46980 Cost of Goods Manufactured 451060 Cost of Goods Available for Sale 498040 Finished Goods Inventory, June 30 59560 Cost of Goods Sold 438480 Gross pront/(Loss $ 187920 indicate the balance sheet presentation of the June 30 triventories torrent Assets in order of oudity) IVANHOE MANUFACTURING COMPANY Partial) Balance Sheet $xxx xox

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