Eppich Corporation has provided the following data for the most recent month:

Raw materials, beginning balance	$	21,000
Work in process, beginning balance	$	33,000
Finished Goods, beginning balance	$	51,000

Transactions:

(1)	Raw materials purchases	$	79,000
(2)	Raw materials used in production (all direct materials)	$	78,000
(3)	Direct labor	$	53,000
(4)	Manufacturing overhead costs incurred	$	93,000
(5)	Manufacturing overhead applied	$	73,000
(6)	Cost of units completed and transferred from Work in Process to Finished Goods	$	190,000
(7)	Any overapplied or underapplied manufacturing overhead is closed to Cost of Goods Sold		?
(8)	Finished goods are sold	$	222,000

Required:

Complete the following T-accounts by recording the beginning balances and each of the transactions listed above.