The following data were taken from the records of Clarkson Company for the fiscal yearended June 30, 2020 $ 52,600 $5,700 49,400 Factory Insurance Factory Machinery Depreciation Factory Utilities 16,100 99,400 29,900 Raw Materials Inventory 7/1/19 Raw Materials Inventory 6/30/20 Finished Goods Inventory 7/1/19 Finished Goods Inventory 6/30/20 Work in Process Inventory 7/1/19 Work in Process Inventory 6/30/20 24,300 Office Utilities Expense 8,750 21,200 Sales Revenue 562,600 23,200 Sales Discounts 4,400 Direct Labor 142,650 62.400 Plant Manager's Salary Factory Property Taxes Indirect Labor 24,960 9,910 Accounts Receivable 31,400 Factory Repairs 1,600 Raw Materials Purchases 97,600 Cash 39,100 CLARKSON COMPANY (Partial) Income Statement For the Year Ended June 30, 2020 Sales Revenue 562600 Less : Sales Discounts 14400) i Net Sales $ 556200 i Cost of Goods Sold Finished Goods Inventory, July 1, 2019 99400 i Cost of Goods Manufactured 394020 i Cost of Goods Available for Sale 493420 Less : Finished Goods Inventory, June 30, 2020 124300) i Cost of Goods Sold 469120 i Gross Profit LA B9060 Prepare the current assets section of the balance sheet at June 30, 2020. (List Current Assets in order of liquidity) CLARKSON COMPANY (Partial) Balance Sheet $ $