Oracle Corporation had the following transactions in June 2024:

1. Issued shares worth $250,000.
2. Purchased raw materials for $70,000 on account.
3. Paid $35,000 in salaries.
4. Sold finished goods for $130,000 (70% on credit).
5. Received $70,000 from debtors.
6. Paid $30,000 to creditors.
7. Depreciation expense for the month was $6,000.

Requirements:

1. Record the transactions in the appropriate ledger accounts.
2. Prepare a trial balance as of June 30, 2024.
3. Construct an income statement for the month ended June 30, 2024.