At May 31,2022 , the accounts of Carla Vista Company show the following. 1. May 1 inventories-finished goods $12,080, work in process $14,080, and raw materials $7,840. 2. May 31 inventories-finished goods $9,120, work in process $15,280, and raw materials $6,800. 3. Debit postings to work in process were direct materials $59,920, direct labor $48,000, and manufacturing overhead applied $38,400. (Assume that overhead applied was equal to overhead incurred.) 4. Sales revenue totaled $206,400. Prepare the balance sheet section of the manufacturing inventories at May 31, 2022