For the year ended December 31,2022, the job cost sheets of Cinta Company contained the following data. Jab Number Explanation Direct Materials Direct Labor Manufacturing Total Overhead Costs 7440 Balance 1/1 $25,000 $24,000 $28,000 $77.800 Current year's costs 30,000 14,000 43.200 109.200 7441 Balance 1/1 11.000 18,000 21.600 50.600 Current year's costs 43.000 48,000 57.000 148.600 7642 Current year's casts 58,000 55,000 64,000 179,000 Other data: (a) Raw materials inventory totaled $15,000 on January 1. During the year. $140.000 of raw materials were purchased on account. Finished goods on January 1 consisted of Job No. 7438 for $87,000 and Job No. 7639 for $92,000. Job No. 7640 and Job No. 7641 were completed during the year. Jab Nos. 7638,7639, and 7641 were sold on account for $530,000. Manufacturing overhead incurred on account totaled $120,000. Incurred depreciation on factory machinery $8,000. Assigned indirect materials of $14,000 and indirect labor of $18,000. Question Part Score --/2.59 Prepare the adjusting entry for manufacturing overhead assuming the balance is allocated entirely to Cast of Goods Sold. (List all debit entries before credit entries. Crealt account titles are automatically indented when amount is entered. Do not indent manually Account Titles and Explanation Debit Credit