Jordan Manufacturing Company was started on January 1, Year 1 . The company was affected by the following events during its first year of operation. 1. Acquired $2,300 cash from the issue of common stock. 2. Paid $530 cash for direct raw materials. 3. Transferred $360 of direct raw materials to work in process. 4. Paid production employees $620 cash. 5. Paid $390 cash for manufacturing overhead costs. 6. Applied $235 of manufacturing overhead costs to work in process: 7. Completed work on products that cost $980. 8. Sold products that cost $890 for $1,600 cash. 9. Paid $340 cash for selling and administrative expenses. 10. Made a $80 cash distribution to the owners. 11. Closed the Manufacturing Overhead account. Required a. Record these events in a horizontal statements model. The first event is shown as an example. b. Prepare a schedule of cost of goods manufactured and sold. Complete this question by entering your answers in the tabs below. Record these events in a horizontal statements model. The first event is shown as an example. Noter Enter decreases to account balances with a minus sign. a. Record these events in a horizontal statements model. The first event is shown as an example. b. Prepare a schedule of cost of goods manufactured and sold. Complete this question by entering your answers in the tabs below. Prepare a schedule of cost of goods manufactured and sold