P19.4 (LO 3), AP The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2022. Raw Materials Inventory 7/1/21 $ 48,000 Raw Materials Inventory 6/30/22 39.600 Finished Goods Inventory 7/1/21 96,000 Finished Goods Inventory 6/30/22 75.900 Work in Process Inventory 7/1/21 19,800 Work in Process Inventory 6/30/22 18,600 Direct Labor 1,39,250 Indirect Labor 24,460 Accounts Receivable 27,000 Factory Insurance 4,600 Factory Machinery Depreciation 16,000 Factory Utilities 27,600 Office Utilities Expense 8,650 Sales Revenue 5,34,000 Sales Discounts 4,200 Factory Manager's Salary 58,000 Factory Property Taxes 9,600 Dostomu Donging Instructions Factory Repairs 1,400 Raw Materials Purchases Cash 96,400 32,000 a. Prepare a cost of goods manufactured schedule. (Assume that all raw materials used were direct materials.) . CGM $386,910 b. Prepare an income statement through gross profit. b. Gross profit $122,790 c. Prepare the current assets section of the balance sheet at June 30, 2022. c. Current assets $193,100 Prepare a cost of goods manufactured schedule and a correct income statement