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 $ 38,640 Factory Supervisory Salaries 11,040 Income Tax Expense 16,560 Raw Materials Inventory, December 1 11,040 Work In Process Inventory, December 31 13,800 Sales Salaries Expense 12,880 Factory Depreciation Expense 7,360 Finished Goods Inventory, December 1 32,200 Raw Materials Purchases 96,600 Work In Process Inventory, December 1 23,000 Factory Utilities Expense 5,520 Direct Labor 64,400 Raw Materials Inventory, December 31 17,480 Sales Returns and Allowances 4,600 Indirect Labor 19,320 SHERIDAN MANUFACTURING COMPANY Cost of Goods Manufactured Schedule choose the accounting period select an opening name for this schedule $ enter a dollar amount select an opening name for section one select an item $ enter a dollar amount select an item enter a dollar amount select a closing name for this subsection enter a subtotal of the two previous amounts select between addition and deduction : select an item enter a dollar amount select a closing name for section one enter a total amount for section one select an item enter a dollar amount select an opening name for section two select an item $ enter a dollar amount select an item enter a dollar amount select an item enter a dollar amount select an item enter a dollar amount select a closing name for section two enter a total amount for section two select a summarizing line for the first part enter a total amount for the first part select a summarizing line for the second part enter a total amount for the second part select between addition and deduction : select an item enter a dollar amount select a closing name for this schedule $ enter a total amount for this schedule