At May 31, 2017, the accounts of Sheridan Company show the following. 1. May 1 inventories-finished goods $14,300, work in process $17,400, and raw materials $8,800. 2. May 31 inventories-finished goods $9,900, work in process $16,000, and raw materials $7,500. 3. Increases to work in process were direct materials $64,700, direct labor $50,400, and manufacturing overhead applied $42,500. 4. Sales revenue totaled $216,000. Prepare a condensed cost of goods manufactured schedule, SHERIDAN COMPANY Cost of Goods Manufactured Schedule