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		$58,100		Factory Insurance		$4,800
Raw Materials Inventory 6/30/20		46,600		Factory Machinery Depreciation		17,100
Finished Goods Inventory 7/1/19		99,700		Factory Utilities		29,400
Finished Goods Inventory 6/30/20		21,900		Office Utilities Expense		9,350
Work in Process Inventory 7/1/19		21,200		Sales Revenue		560,500
Work in Process Inventory 6/30/20		29,400		Sales Discounts		4,700
Direct Labor		147,550		Plant Managers Salary		63,400
Indirect Labor		25,360		Factory Property Taxes		9,910
Accounts Receivable		28,000		Factory Repairs		2,500
				Raw Materials Purchases		97,300
				Cash		39,200

CLARKSON COMPANY (Partial) Income Statement $ $ $