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Tolep Company had the following information in May: Direct material costs Direct labor costs Manufacturing overhead Selling, general, and administrative costs Units produced Units sold Selling price $45,000 $55,000 70,000 $60,000 34,000 25,000 $10 What is cost of goods sold? O $125,000 O $170,000 o $250,000 $169,118 What is the value of finished goods inventory at the end of May? o $45,000 O $60,882 O $90,000 O $169,118 What was net income for May? O $20,000 o $20,888 O $65,000 O $80,000