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 Raw Materials Inventory 6/30/17 Finished Goods Inventory 7/1/16 Finished Goods Inventory 6/30/17 Work in Process Inventory 7/1/16 Work in Process Inventory 6/30/1:7 Direct Labor Indirect Labor Accounts Receivable $55,300 43,200 98,300 20,800 25,900 21,100 142,050 24,660 36,900 Factory Insurancee Factory Machinery Depreciation Factory Utilities Office Utilities Expense Sales Revenue Sales Discounts Plant Manager's Salary Factory Property Taxes Factory Repairs Raw Materials Purchases Cash $5,100 17,800 31,700 9,250 563,200 4,500 64,200 9,910 1,900 98,000 40,800