For the year ended December 31,2022, the job cost sheets of Cullumber Company contained the following data. 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. Job Nos. 7638,7639 , and 7641 were sold on account for $678,400. 5. 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. 1