Minnesota Manufacturing & Mining Company (3M) has two service departments, Human Resources (HR) Department and IT. 3M has two other production departments, Assembly and Finishing. The usage of the two service departments output for the year is as follows: User of Service Provider of Service HR IT HR 15% IT 10% Assembly 60% 50% Finishing 30% 35% The budgeted costs in the two service departments for the year are as follows: HR $180,000 IT $230,000 Required: Use the step-down (sequential) method to allocate the budgeted costs of the HR and IT departments to Assembly and Finishing. 3M allocates the costs of the HR Department first. (Do not round intermediate calculations, but round end answers to the nearest dollar)