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 $50,400 Factory Insurance $5,100 Raw Materials Inventory 6/30/20 49,700 Factory Machinery Depreciation 18,500 Finished Goods Inventory 7/1/19 Finished Goods Inventory 6/30/20 97,000 Factory Utilities 31,100 25,500 Office Utilities Expense 8,650 Work in Process Inventory 7/1/19 27,800 Sales Revenue 557,500 Work in Process Inventory 6/30/20 22,200 Sales Discounts 4,500 Direct Labor 149,050 Plant Manager's Salary 64,400 Indirect Labor 26,860 Factory Property Taxes 9,610 Accounts Receivable 29,700 Factory Repairs 2,200 Raw Materials Purchases 99,300 Cash 34,000