22. Shapiro Corporation has provided the following data for the most recent month: (10 Points) Raw materials, beginning balance Work in process, beginning balance Finished Goods, beginning balance S13,000 S29,000 S50,000 Transactions: (1) Raw materials purchases (2) Raw materials used in production (all direct materials) (3) Direct labor (4) Manufacturing overhead costs incurred (5) Manufacturing overhead (6) Cost of units completed and transferred from Work in Process S64,000 S69,000 S57,000 $85,000 $87,000 to Finished Goods S216,000 (7) Any overapplied or underapplied manufacturing overhead is closed to Cost of Goods Sold (8) Finished goods are sold Required Prepare T-accounts for Raw Materials, Work in Process Finished Goods, Manufacturing Overhead, and Cost of Goods Sold. Record the beginning balances and each of the transactions listed above. Finally, determine the ending balances S262,000