I need ans ASAPPPPPP

Log Cabin Homes, Inc., uses a job cost system to account for its jobs, which are prefabricated houses. As of January 1, 2019, its records showed inventories as follows:

The work in process inventory consisted of two jobs:

Cost and sales data for 2019:

1. Materials purchased on account, $400,000.
2. Direct materials used: Job No. 22, $60,000; Job No. 23, $120,000; Job No. 24, $180,000. Indirect materials used, $10,000.
3. Direct labor costs: Job No. 22, $100,000; Job No. 23, $200,000; and Job No. 24, $80,000. Indirect labor costs, $80,000.
4. Overhead is assigned to jobs at $100 per machine-hour. Job No. 22 used 500 machine-hours, Job No. 23 used 1,000 machine-hours, and Job No. 24 used 300 machine-hours in January.
5. Job Nos. 22 and 23 were completed and transferred to Finished Goods Inventory.
6. Job Nos. 21 and 22 were sold on account for $1,200,000, total.
7. Manufacturing overhead costs incurred, other than indirect materials and indirect labor, were depreciation, $80,000, and heat, light, power, miscellaneous, $40,000.

a. Prepare journal entries (using the T-account format) to assign the preceding costs to jobs. (Refer to Exhibits 17.9 and 17.10)

Show all of the appropriate entries ultimately debiting Finished Goods Inventory and Cost of Goods Sold.

Transfer overapplied or underapplied overhead to Cost of Goods Sold.

(Use the T-account template I provided earlier this semester. Be sure to establish the beginning balance in the T-account.)

b. Assuming selling and administrative expenses were $100,000, prepare an income statement for 2019. (refer to Exhibit 17.6 for format)