Midnight Sun Apparel Company uses normal costing, and manufacturing overhead is applied to work-in-process on the basis of machine hours. On January 1 of the current year, there were no balances in work-in-process or finished-goods inventories. The following estimates were included in the current years budget.

Total budgeted manufacturing overhead	$	282,000
Total budgeted machine hours		47,000

During January, the firm began the following production jobs:

A79: 1,000 machine hours

N08: 2,500 machine hours

P82: 500 machine hours

Prepare a journal entry to prorate the balance calculated in requirement 3 (Underapplied overhead = $2000) among the Work-in-Process Inventory, Finished-Goods Inventory, and Cost of Goods Sold accounts. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)