Antioch Company makes eBook readers. The company had the following amounts at the beginning of Year 2: Cash. $663,000; Raw Materials Inventory, $51000:ka in Process Inventory. $20,000; Finished Goods Inventory. 343.000: Common Stock. $585,000: and Retained Earnings, $204,000. 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 $61,000 for raw materials that will be used to make eBook readers. 3. Placed $94000 of the raw materials cost into the process of manufacturing eBook readers. 4. Paid $79,000 for salaries of seiling and administrative employees. 5. Paid 5108.000 for wages of production workers. 6. Paid $319,000 to purchase equipment used in selling and administrative ofces. 7. Recognized depreciation on the ofce equipment. The equipment was acouired on January 1. Year 2. It has a 519.000 salvage value and a sl>