Current Attempt in Progress

The following data were taken from the records of Grouper Company for the fiscal year ended June 30, 2022.

Raw Material Inventory 7/1/21		$51,600		Factory Insurance		$5,200
Raw Material Inventory 6/30/22		45,500		Factory Machinery Depreciation		17,900
Finished Goods Inventory 7/1/21		99,100		Factory Utilities		31,100
Finished Goods Inventory 6/30/22		22,300		Office Utilities Expense		9,450
Work in Process Inventory 7/1/21		29,600		Sales Revenue		557,100
Work in Process Inventory 6/30/22		28,100		Sales Discounts		5,000
Direct Labor		145,750		Plant Managers Salary		65,300
Indirect Labor		26,660		Factory Property Taxes		9,710
Accounts Receivable		35,400		Factory Repairs		2,200
				Raw Material Purchases		99,000
				Cash		39,400

Prepare an income statement through gross profit.

GROUPER COMPANY (Partial) Income Statement choose the accounting period For the Year Ended June 30, 2022June 30, 2022For the Month Ended June 30, 2022