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 $57,500 Factory Insurance $4,900 Raw Materials Inventory 6/30/20 41,500 Factory Machinery Depreciation 17,000 Finished Goods Inventory 7/1/19 Finished Goods Inventory 6/30/20 96,300 Factory Utilities 31,100 22,100 Office Utilities Expense 8,550 Work in Process Inventory 7/1/19 21,300 Sales Revenue 561,300 Work in Process Inventory 6/30/20 28,200 Sales Discounts 4,300 Direct Labor 142,650 Plant Manager's Salary 65,100 Indirect Labor 26,760 Factory Property Taxes 9,610 Accounts Receivable 29,900 Factory Repairs 1,500 Raw Materials Purchases 99,400 Cash 42,100