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 $2,500 for the year has not yet been closed into cost of goods sold.

Required:

Complete the below T-accounts.

Bal. 1/1 Bal. 12/31 Bal. 1/1 Direct material Direct labor Manufacturing overhead Bal. 12/31 Bal. 111 Bal. 12/31 Bal. 1/1 Bal. 12/31 Raw-Material Inventory 21,100 119,900 134,800 36,000 Work-in-Process Inventory 17,000 119,900 150,000 19,000 Manufacturing Overhead Wages Payable 2,000 147,000 5,000 Accounts Receivable 11,000 806,000 15,000 Bal. 1/1 Bal. 12/31 Bal. 1/1 Bal. 12/31 Accounts Payable 2,700 136,500 134,800 1,000 Finished-Goods Inventory 12,000 20,000 Cost of Goods Sold 710,200 710,200 Sales Revenue