At May 31, 2020, the accounts of Marigold Company show the following. 1. May 1 inventories-finished goods $15,100, work in process $15,900, and raw materials $8,600. 2. May 31 inventories - finished goods $9.700, work in process $16,400, and raw materials $7.900. 3. Debit postings to work in process were direct materials $63,800, direct labor $51,600, and manufacturing overhead applied $40,100, (Assume that overhead applied was equal to overhead incurred)) 4. Sales revenue totaled $216,400. Indicate the balance sheet presentation of the manufacturing inventories at May 31,2020