Dessert Delite Company produces frozen microwavable desserts. The following accounts appeared in the ledger as of December 31.

Additional information:

a.	Accounts payable is used only for direct-material purchases.
b.	Underapplied overhead of $2,600 for the year has not yet been closed into cost of goods sold.

Required:

Complete the below T-accounts.

Please explain your answers. Thanks!