2) (10 points) Happy Inc. produces accessories for very expensive cars. Car owners first place their orders and Happy Inc. starts producing based on these orders. They are currently producing 10 units of diamond decorated seat covers. This order is called job #123. They have already updated their journal for some of the transactions related to this order, however they need to update the remaining journal entries listed below. i) They purchase materials (direct and indirect) on credit worth of $ 60,000 on January 5, 2019. ii) They send the materials to plant floor where direct materials worth of $40,000 and indirect materials worth of $ 8,000 on January 12, 2019. iii) They allocate manufacturing overhead to job #123 worth of $ 65,000 on January 20, 2019. iv) They complete and transfer to finished good of 10 units of job #123 worth of $ 200,000 on Jan 22, 2019. v) They sell all job #123 units on credit for $ 350,000 on January 27, 2019. Note: Please choose the posting reference number from the following table. Chart of Accounts Assets: 1 - 39 Liabilities: 40 - 59 Stockholders' equity: 60 - 69 Revenue: 70 - 79 Expenses: 90 120