Green Thumb Landscaping Company uses a job cost system. As of January 1, 2014, its records showed the following inventory balances: The Work in Process Inventory consisted of two jobs: Here are data for the company for January: 1. Materials purchased, $48, 000. 2. Landscaping direct labor costs: direct labor to Job No. 212, $12, 000: to Job No. 213, $24, 000: and to Job No. 214, $36, 000. Indirect labor, $30, 000. Direct materials used: direct materials for Job No. 212, $7, 800: for Job No. 213, $14, 400: and for Job No. 214, $24, 000. Supplies (indirect materials) used amounted to $1, 200. Overhead is assigned to jobs at $3 per labor-hour, with 8, 000 labor-hours to Job 212 and 2, 000 labor-hours each to Jobs 213 and 214. Jobs 212 and 213 were completed and in Finished Goods Inventory at the end of January. Sales revenues for January were $45, 000: cost of goods sold was $30, 000 for Job No. 211 that was in Finished Goods Inventory on January 1, 2014. Overhead costs incurred other than indirect labor and indirect materials were depreciation, $3, 000, and utilities, fuel, and miscellaneous, $3, 000. a. Prepare journal entries to record the preceding transactions, including the transfer of underapplied or overapplied overhead to Cost of Goods Sold. b. Assuming selling and administrative expenses were $10, 000, prepare an income statement for January