Highview Corp. applies manufacturing overhead to production at 120% of direct labor cost. During 2015, manufacturing overhead of $94,560 was applied to production, actual manufacturing overhead was $109,100. Beginning Work in Process inventory was $13,200 and beginning Finished Goods inventory was $37,000. Work in Process inventory increased by 25% during the year and Finished Goods inventory decreased by 10% during the year. Sales for 2015 were $450,400, yielding a $129,400 gross profit. Complete the following schedule