The following data were taken from the records of Larkspur Company for the fiscal year ended June 30, 2022. Raw Materials Inventory 7/1/21 Raw Materials Inventory 6/30/22 Finished Goods Inventory 7/1/21 Finished Goods Inventory 6/30/22 $50,200 Accounts Receivable $27,200 42,000 Factory Insurance 5,700 98,100 Factory Machinery Depreciation 17,100 24,700 Factory Utilities 28,800 Work in Process Inventory 7/1/21 22,000 Office Utilities Expense 8,850 Work in Process Inventory 6/30/22 27,900 Sales Revenue 560,300 Direct Labor 139,350 Sales Discounts 5,000 Indirect Labor 24,760 Factory Manager's Salary 64,900 Factory Property Taxes 9,610 Factory Repairs 2,200 Raw Materials Purchases 97,000 Cash 37,300