Antioch Company makes eBook readers. The company had the following amounts at the beginning of Year 2 Cash $677.000: Raw Materials Inventory S61.000; Work in Process Inventory, $31.000, Finished Goods Inventory $50,000, Common Stock $591,000 and Retained Earnings, $228.000. Antioch experienced the following accounting events during Year 2. Other than the adjusting entries for depreciation, assume that all transactions are cash transactions 1. Paid $25,000 of research and development costs, 2. Paid $67000 for raw materials that will be used to make eBook readers. 3. Placed $94.000 of the raw materials cost into the process of manufacturing eBook readers. 4. Pald $69.000 for salaries of selling and administrative employees 5. Pald $92,000 for wages of production workers 6 Paid $158.000 to purchase equipment used in selling and administrative offices. 7 Recognized depreciation on the office equipment. The equipment was acquired on January 1, Year 2. It has a S18.000 salvage value and a seven-year life. The amount of depreciation is computed as Cost salvage) - useful lifej. Specifically (5158,000 - $18.000) - 7. $20,000 8. Pald $130.000 to purchase manufacturing equipment 9. Recognized depreciation on the manufacturing equipment. The equipment was acquired on January 1, Year 2 it has a $26,000 salvage value and a elght.year life. The amount of depreciation is computed as [(Cost - salvage)