Problem 14-4A The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2017. Raw Materials Inventory 7/1/16 $57,300 Factory Insurance $5,400 Raw Materials Inventory 6/30/17 41,100 Factory Machinery Depreciation 16,600 Factory Utilities Finished Goods Inventory 7/1/16 98,800 31,200 Office Utilities Expense Finished Goods Inventory 6/30/17 29,500 9,350 Work in Process Inventory 7/1/16 24,200 Sales Revenue 561,200 Work in Process Inventory 6/30/17 21,500 Sales Discounts 5,100 Plant Manager's Salary 64,200 Direct Labor 141,450 24,660 9,910 Indirect Labor Factory Property Taxes Factory Repairs 1,700 Accounts Receivable 37,100 96,900 Raw Materials Purchases 38,300 Cash Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Cost of Goods Manufactured Schedule CLARKSON COMPANY (Partial) Income Statement Prepare the current assets section of the balance sheet at June 30, 2017. (List Current Assets in order of liquidity.) CLARKSON COMPANY (Partial) Balance Sheet Open Show Work Click if you would like to Show Work for this