P19-38B Preparing comprehensive accounting for manufacturing transaction Student Stars produces stars for elementary teachers to reward their students. Student Stars' trial balance on June 1 follows: STUDENT STARS Trial Balance June 1, 2016 Balance Debit Credit Account Title 24,000 Cash Accounts Receivable 175,000 Raw Materials 5,700 41,000 Work-in-Process Finished Goods 21,300 Plant Assets 220,000 Accumulated Depreciation 73,000 133,000 Accounts Payable Wages Payable 2,000 Common Stock 143,000 Retained Earnings 136,000 Sales Revenue Cost of Goods Sold Manufacturing overhead Selling and Administrative Expenses Totals S 487,000 S 487,000