ABC Co uses a job order costing system. They have five inventory related accounts, Raw Materials, Work-in-Progress, Estimated Manufacturing Overhead, Finished Goods and Cost of Goods Sold. The following transactions took place during the year. 1. Raw materials purchased on account: $236,000 2. Materials transferred out of Raw Materials Account ( 90% Direct Materials; 10% Indirect Materials ): $210,000 3. Utility bills paid in cash: $82,000 (100\% related to factory operations). 4. Salary and Wage Costs Paid during the year: a. Direct Labor $177,000 b. Indirect Labor $68,000 5. Maintenance costs paid (incurred in the factory): $63,000 6. Depreciation recorded during the year: $125,000. (100\% of depreciation related to factory equipment). 7. Estimated Manufacturing Overhead applied to jobs in current year: $350,000 8. Cost of Goods transferred from Work-in-Progress to Finished Goods: $600,000 9. Cost of Goods transferred from Finished Goods to Cost of Goods Sold: $400,000. With respect to the above transactions please provide the following information: 2. Materials transferred out of Raw Materials Account ( 90% Direct Materials; 10% Indirect Materials ): $210,000 Accounts DR CR 3. Utility bills paid in cash: $82,000 (100\% related to factory operations). Accounts DR CR 4. Salary and Wage Costs Paid during the year: a. Direct Labor $177,000 b. Indirect Labor $68,000 8. Cost of Goods transferred from Work-in-Progress to Finished Goods: $600,000 Accounts DR CR 9. Cost of Goods transferred from Finished Goods to Cost of Goods Sold: $400,000. Required B: The beginning of year balances in the inventory accounts are as follows: Based on your journal entries in Part A and the above information, prepare the following schedules (properly label all items with amounts) to receive full credit): SCHEDULE OF RAW MATERIALS SCHEDULE OF WORK-IN-PROGRESS SCHEDULE OF COST OF GOODS MANUFACTURED