Slapshot Company makes ice hockey sticks and sold $1,880$ sticks during the month of June at a total cost of $$433,000.$ Each stick sold at a price of $$400.$ Slapshot also incurred two types of selling costs: commissions equal to $10\%$ of the sales price and other selling expense of $$65,000.$ Administrative expense totaled $$53,800.$

Required:

Prepare an income statement for Slapshot for the month of June.