14. Assume that the following events occurred at a division of Advanced Enterprises for the current year. (1) Purchased $450,000 in direct materials (2) Incurred direct labor costs of $260,000 (3) Determined that manufacturing overhead was $410,000. (4) Transferred 70% of the materials purchased to work-in-Process Inventory. (5) Completed work on 65% of the work in process. Costs assigned equally across all work-in-process (6) The inventory accounts have no beginning balances. Required: Compute the following amounts in the Work-in-Process Inventory account: (a) Transfers-in (TI) (b) Transfers-out (TO (c) Ending balance (EB) Path