The following data were taken from the records of Vaughn Company for the fiscal year ended June 30, 2020.

Raw Materials Inventory 7/1/19		$51,100		Factory Insurance		$5,200
Raw Materials Inventory 6/30/20		41,600		Factory Machinery Depreciation		16,800
Finished Goods Inventory 7/1/19		96,800		Factory Utilities		29,700
Finished Goods Inventory 6/30/20		27,800		Office Utilities Expense		9,550
Work in Process Inventory 7/1/19		21,300		Sales Revenue		563,900
Work in Process Inventory 6/30/20		27,900		Sales Discounts		4,600
Direct Labor		144,350		Plant Managers Salary		64,300
Indirect Labor		26,360		Factory Property Taxes		9,610
Accounts Receivable		34,600		Factory Repairs		2,500
				Raw Materials Purchases		97,200
				Cash		37,900

Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.)

Prepare an income statement through gross profit.

Prepare the current assets section of the balance sheet at June 30, 2020. (List Current Assets in order of liquidity.)