The following data were taken from the records of Shamrock 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 $51,000 Accounts Receivable $35,400 48,400 Factory Insurance 5,000 96,100 Factory Machinery Depreciation 17,200 26,800 Factory Utilities 30,500 Work in Process Inventory 7/1/21 25,200 Office Utilities Expense 9,550 Work in Process Inventory 6/30/22 27,500 Sales Revenue 556,300 Direct Labor 148,650 Sales Discounts 5,000 Indirect Labor 24,560 Factory Manager's Salary 65,000 Factory Property Taxes 9.710 Factory Repairs 2,400 Raw Materials Purchases 98,400 Cash 35,800 SHAMROCK COMPANY Income Statement (Partial) For the Year Ended June 30, 2022 $