From the account balances listed below, prepare a schedule of cost of goods manufactured for Sheridan Manufacturing Company for the month ended December 31, 2022. (Assume all raw materials used were direct materials.) Account Balances Finished Goods Inventory, December 31 $47,880 Factory Supervisory Salaries 13,680 Income Tax Expense 20,520 Raw Materials Inventory, December 1 13,680 Work In Process Inventory, December 31 17,100 Sales Salaries Expense 15,960 Factory Depreciation Expense 9,120 Finished Goods Inventory, December 1 39,900 Raw Materials Purchases 119,700 Work In Process Inventory, December 1 28,500 Factory Utilities Expense 6,840 Direct Labor 79,800 Raw Materials Inventory, December 31 21,660 Sales Returns and Allowances 5,700 Indirect Labor 23,940 Work in process inventory, December 1 Direct materials : SHERIDAN MANUFACTURING COMPANY Cost of Goods Manufactured Schedule December 31, 2022 $ $