he following data (in thousands) summarize the factory operations of the Jonas Manufacturing ompany for the year 20X1, its first year in business: a. Direct materials purchased for cash b. Direct materials issued and used c. Labor used directly on production d. Indirect labor d2. Depreciatioa of plant and equipment d3. Miscellaneous factory overheed (ordinarily would be detailed) e. Overhead applied: 1 80% of direct labor cost f. Cost of production completed . Cost of goods sold $350 210 150 130 40 70 575 415 Part 1: show transaction postings by giving the name of the account, the amount, and whether it is an increase or a decrease to the account. For example: a) Direct material inventory +350 Cash -350 Part 2: Show the account balances for each account after all transactions are posted