Slapshot Company makes ice hockey sticks and sold 1800 sticks during the month of June at a total cost of 433000. Each stick sold for 400. Slapshot also incurred two types of selling costs. Commissions equal to 10% of the sales price and other selling expense of 65000. Admin expense totaled 53800.

Reauired: Prepare an encame staterivers tor Sapthos for fre month of done Refer to the list below for the exact wording of a label or an amount description within your income statement. Labels Add For the Month of June Less Selling expenses Amount Descriptions Administrative expenses Commissions Cost of goods manufactured Cost of goods sold Fixed selling expenses Gross margin Operating income Operating loss Purchases Sales revenue Total selling expenses