At May 31, 2022, the accounts of Blossom Company show the following. 1. May 1 inventoriesfinished goods $12,830, work in process $14,950, and raw materials $8,320. 2. May 31 inventoriesfinished goods $9,690, work in process $16,240, and raw materials $7,220. 3. Debit postings to work in process were direct materials $63,670, direct labor $51,000, and manufacturing overhead applied $40,800. (Assume that overhead applied was equal to overhead incurred.) 4. Sales revenue totaled $219,300. At May 31, 2022, the accounts of Blossom Company show the following. 1. May 1 inventories-finished goods $12,830, work in proPrepare an income statement for May 2022 through gross profit. BLOSSOM COMPANY (Partial) Income Statement For the Month EndedPrepare the balance sheet section of the manufacturing inventories at May 31, 2022. BLOSSOMCOMPANY (Partial) Balance sheet Ma