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 $51600 Factory Insurance $5,200 Raw Materials Inventory 6/30/20 45,500 Factory Machinery Depreciation 17.900 Finished Goods Inventory 7/1/19 99.100 Factory Utilities 31,100 Finished Goods Inventory 6/30/20 22.300 Office Utilities Expense 9,450 Work in Process Inventory 7/1/19 29.600 Sales Revenue 557.100 Work in Process Inventory 6/30/20 28,100 Sales Discounts 5,000 Direct Labor 145.750 Plant Manager's Salary 65,300 Indirect Labor 26,660 Factory Property Taxes 9.710 Accounts Receivable 35.400 Factory Repairs 2,200 Raw Materials Purchases 99,000 Cash 39.400 Prepare an income statement through gross profit. CLARKSON COMPANY (Partial) Income Statement For the Year Ended June 30, 2020 Cash > $