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Peters Manufacturing Company has the following data at June 30, 2019: Raw materials inventory, June 1 Work in process inventory, June 1 Finished goods inventory,

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Peters Manufacturing Company has the following data at June 30, 2019: Raw materials inventory, June 1 Work in process inventory, June 1 Finished goods inventory, June 1 Total manufacturing costs Sales Work in process inventory, June 30 "Finished goods inventory, June 30 Raw materials inventory, June 30 13,800 18,100 43,500 430,000 580,000 30,400 55,200 18,000 (a) Your answer has been saved. See score details after the due date. Prepare an income statement through gross profit for the month of June. PETERS COMPANY (Partial) Income Statement For the Month Ended June 30, 2019 Sales Cost of Goods Sold 5.80,000 Finished Goods Inventory, June 1 $ 43.500 Cost of Goods Manufactured 4.17.700 Cost of Goods Available for Sale 4,61.200 Finished Goods Inventory, June 30 Cost of Goods Sold 55.200 Gross profit/(Loss) 4,06,000 $ 1.74.000 Indicate the balance sheet presentation of the June 30 inventories. (List Current Assets in order of liquidity) PETERS COMPANY (Partial) Balance Sheet June 30, 2019 $XXXX

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