20.Hornsby has a single production department, and uses a process-costing system. The balance in its Work-in-Process account on January 1 was $159,000. The account was charged with direct materials, direct labor, and manufacturing overhead of $543,000 throughout the year. If a review of the accounting records determined that $124,000 of goods were still in production at year-end, Hornsby should make a journal entry on December 31 that includes: