Utley Co$.$ prepares monthly income statements. Inventory is counted only at year end; thus, month$-$end inventories must be estimated All sales are made on account. The rate of mark$-$up on cost is $20\%.$ The following information relates to the month of May.

Accounts receivable, May $1,$$$21,000$

Accounts receivable, May $31,27,000$

Collections of accounts during May $90,000$

Inventory, May $1,45,000$

Purchases during May $,58,000$

Answer the following Questions $($DO NOt use commas $(,)$ or dollar signs $($$$)$ when entering a number. For example. If you want to enter $$1,000$ simply write $1000].$

Sales revenue for the month of May $=$

Cost of goods sold for the month of May $=$

The gross profit for the month of May $=9$

The cost of goods available for sale for the month of May $=$$

The ending inventory to be reported on the balance sheet at the end of May $=$$