For the year ended December 31, 2022, the job cost sheets of Cullumber Company contained the following data. Job Number Direct Direct Explanation Materials Labor Manufacturing Overhead Total Costs 7640 Balance 1/1 $32,000 $30,720 $36,864 $99,584 Current year's costs 38,400 46,080 55,296 139,776 7641 Balance 1/1 14,080 23,040 27,648 64,768 Current year's costs 55,040 61,440 73,728 190,208 7642 Current year's costs 74,240 70,400 84,480 229,120 Other data: 1. Raw materials inventory totaled $19,200 on January 1. During the year, $179,200 of raw materials were purchased on account. 2. Finished goods on January 1 consisted of Job No. 7638 for $111,360 and Job No. 7639 for $117,760. 3. Job No. 7640 and Job No. 7641 were completed during the year. 4. 5. Job Nos. 7638, 7639, and 7641 were sold on account for $678,400. Manufacturing overhead incurred on account totaled $153,600. 6. Incurred depreciation on factory machinery $10,240. 7. Assigned indirect materials of $17,920 and indirect labor of $23,040. Prove the agreement of Work in Process Inventory with job cost sheets pertaining to unfinished work. Post each to the T-account in the following order: (1) beginning balance, (2) direct materials, (3) direct labor, (4) manufacturing overhead, and (5) completed jobs. 1/1 12/31 Work in process balance $ Unfinished job $ Work in Process Inventory