Lott Company uses a job order cost system and apolles overhead to production on the basis of direct labor costs. On January 1, 2020, Job so was the only job in process. The costs incurred prior to January 1 on this job were as follows: direct materials $20,000, direct labor $12,000, and manufacturing overhead $16,000. As of January 1, Job 49 had been completed at a cost of $90.000 and was part of finished goods inventory. There was a $15.000 belance in the Raw Materials Inventory account During the month of January, Lott Company began production on Jobs 51 and 52, and completed Jobs 50 and 51. Joos 49 and 50 were also sold on account during the month for $172,000 and $158.000, respectively. The following additional events COUTAD Goring the month 1. Purchased additional taw materials of $90,000 on account 2. Tourred factory labor costs of $70,000 of this amount $16,000 related to employer payroll taxes 3. Incurred practuring overhead costs as follows: Indirect materials $17.000 indirect obor 120,000, depreciation expense on opent $12,000, and various other manufacturing overhead costs on account $16,000 Andred direct mater and opet labor to be as follows Job No. Direct Materiale Direct Labor 50 $10,000 15,000 51 39,000 25,000 52 30,000 20,000 Open job cost sheets for Jobs 50, 51, and 52. Enter the January 1 balances on the job cost sheet for Job 50. Post all costs to the job cost sheets as necessary. Job No. 50 Date Direct Materials Direct Labor Manufacturing Overhead Beg. $ Jan. Cost of completed job Direct materials Direct labor Manufacturing overhead Total cost Job No. 51 Date Direct Materials Direct Labor Manufacturing Overhead Jan. Job No. 51 Date Direct Materials Direct Labor Manufacturing Overhead Jan. Cost of completed job Direct materials $ Direct labor Manufacturing overhead Total cost Job No. 52 Date Direct Materials Direct Labor Manufacturing Overhead Jan. $