Oriole Manufacturing Company has the following data at June 30, 2022: Raw materials inventory, June 1 $ 12,160 Work in process inventory, June 1 15,920 Finished goods inventory, June 1 38,280 Total manufacturing costs 378,400 Sales 510,400 Work in process inventory, June 30 26,760 Finished goods inventory, June 30 48,560 Raw materials inventory, June 30 15,840 Prepare an income statement through gross profit for the month of June. Sales Cost of Goods Sold ORIOLE MANUFACTURING COMPANY (Partial) Income Statement For the Month Ended June 30, 2022 Finished Goods Inventory, June 1 Cost of Goods Manufactured Cost of Goods Available for Sale A 38,280 367,560 405,840 +A 510,400 Cost of Goods Available for Sale 405,840 Finished Goods Inventory, June 30 -48,560 Cost of Goods Sold Gross profit/(Loss) 357,280 $ 153,120 Indicate the balance sheet presentation of the June 30 inventories. (List Current Assets in order of liquidity.) ORIOLE MANUFACTURING COMPANY (Partial) Balance Sheet $ $XXXX XXXX