Peters Manufacturing Company has the following data at June 30, 2019:

Unit = $
Raw materials inventory, June 1	13,800
Work in process inventory, June 1	18,100
Finished goods inventory, June 1	43,500
Total manufacturing costs	430,000
Sales	580,000
Work in process inventory, June 30	30,400
Finished goods inventory, June 30	55,200
Raw materials inventory, June 30	18,000

(a) Prepare an income statement through gross profit for the month of June.

(b) Indicate the balance sheet presentation of the June 30 inventories.