In October, Temptations Event Planners $($TEP$)$ planned events for two clients. TEP worked $140$ hours for Ward Corporation and $240$ hours for Girardin Industries. TEP bills clients at the rate of $$350$ per hour; labor cost for its planning staff is $$140$ per hour. The total number of hours worked in October was $380,$ and overhead costs were $$15,600.$ Overhead is applied to clients at $$32$ per plannerhour. In addition, TEP had $$27,000$ in marketing and administrative costs. All transactions are on account. All services were billed.

$\backslash$table$[[$Transaction$,$Description$],[($a$),$Record labor cost$],[($b$),$Record applied service overhead$],[($c$),$Record cost of services billed$],[($d$),$Record actual service overhead$]]$

Required:

a$.$ Show labor and overhead cost flows through T$-$accounts.

b$.$ Prepare an income statement for the company for October.