The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020. Raw Materials Inventory 7/1/19 $50,200 Factory Insurance $5,700 Raw Materials Inventory 6/30/20 Finished Goods Inventory 7/1/19 Finished Goods Inventory 6/30/20 42,000 Factory Machinery Depreciation 17,100 98,100 Factory Utilities 28,800 24,700 Office Utilities Expense 8,850 Work in Process Inventory 7/1/19 22,000 Sales Revenue 560,300 Work in Process Inventory 6/30/20 27,900 Sales Discounts 5,000 Direct Labor 139,350 Plant Manager's Salary 64,900 Indirect Labor 24,760 Factory Property Taxes 9,610 Accounts Receivable 27,200 Factory Repairs 2,200 Raw Materials Purchases 97,000 Cash 37,300