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Slapshot Company makes ice hockey sticks and sold 1,850 sticks during the month of June at a total cost of $444,000. Each stick sold at

Slapshot Company makes ice hockey sticks and sold 1,850 sticks during the month of June at a total cost of $444,000. 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 $63,700. Administrative expense totaled $53,100.

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

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