At May $31,2027,$ the accounts of Sheffield Company show the following.

May $1$ inventories$-$finished goods $$12,900,$ work in process $$14,800,$ and raw materials $$8,900.$

May $31$ inventories$-$finished goods $$9,700,$ work in process $$19,000,$ and raw materials $$7,400.$

Increases to work in process were direct materials $$64,500,$ direct labor $$52,600,$ and manufacturing overhead applied $$42,000.$

Sales revenue totaled $$216,600.$

$($a$)$

Your answer is correct.

Prepare a condensed cost of goods manufactured schedule for May $2027.$

b$)$

Prepare an income statement for May $2027$ through gross profit.