Will you please help me with part b on tab A? I believe the expenses are 67500 but it is being counted wrong. Thank you!

Check my work mode: This shows what is correct or incorrect for the work you have completed se 2 Exercise 11-2A Materials and compensation costs in manufacturing versus service companies LO 11-1 Morland Company started year 1 with $75,000 in its cash and common stock accounts. During year 1, Morland paid $50,000 cash for employee compensation and $17,500 cash for materials Required a. Determine the totel amount of assets and the amount of expense shown on the year 1 financial statements assuming Morland used the labor and materials to make 1,500 chairs, Further, assume that Morlend sold 1.200 of the chairs it made. State the namels) of the expense accounts) shown on the income statement b. Determine the total amount of assets and the amount of expense shown on the year 1 finencial statements assuming Moriand used the labor and materials to provide dental cleaning services to 500 pstients State the name's) of the expense accounts) shown on the income statement 3 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Determine the total amount of assets and the amount of expense shown on the year 1 financial statements assuming Morland used the labor and materials to make 1,500 chairs. Further, assume that Morland sold 1,200 of the chairs it made. State the name(s) of the expense account(s) shown on the income statement. Total assets Total expenses Name of the 21,000 67,500 Cost of goods sold Required B