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Problem 1-4A (Video) 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 Raw Materials Inventory 6/30/20 Finished Goods Inventory 7/1/19 Finished Goods Inventory 6/30/20 Work in Process Inventory 7/1/19 Work in Process Inventory 6/30/20 Direct Labor Indirect Labor Accounts Receivable $52,600 49,400 99,400 24,300 21,200 23,200 142,650 24,960 31,400 Factory Insurance Factory Machinery Depreciation Factory Utilities Office Utilities Expense Sales Revenue Sales Discounts Plant Manager's Salary Factory Property Taxes Factory Repairs Raw Materials Purchases Cash $5,700 18,100 29,900 8,750 562,600 4,400 62,400 9,910 1,600 97,600 39,100 Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Cost of Goods Manufactured Schedule CLARKSON COMPANY Cost of Goods Manufactured Schedule e 4 Prepare an income statement through gross profit. CLARKSON COMPANY (Partial) Income Statement SHOW LIST OF ACCOUNTS Prepare the current assets section of the balance sheet at June 30, 2020. (List Current Assets in a CLARKSON COMPANY (Partial) Balance Sheet $ $ Click if you would like to Show Work for this question: Open Show Work