Peters Manufacturing Company has the following data at June 30, 2016: 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 Instructions (a) Prepare an income statement through gross profit for the month of June. (b) Indicate the balance sheet presentation of the June 30 inventories