Eppich Corporation has provided the following data for the most recent month:Raw materials, beginning balance$ $23,000$Work in process, beginning balance$ $33,800$Finished Goods, beginning balance$ $51,800$Transactions:$(1)$ Raw materials purchases$ $78,600(2)$ Raw materials used in production $($all direct materials$)$$ $78,400(3)$ Direct labor$ $53,800(4)$ Manufacturing overhead costs incurred$ $95,000(5)$ Manufacturing overhead applied$ $73,800(6)$ 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?question mark$(8)$ Finished goods are sold$ $223,200$Required:Complete the following T$-$accounts by recording the beginning balances and each of the transactions listed above.