Need some help with these 3 parts of an accounting question I have! Thanks.

Journal entry worksheet Record the entry to close any balance in the manufacturing overhead account to cost of goods sold. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journalPrepare a schedule of cost of goods sold. Froya Fabrikker A/S Schedule of Cost of Goods SoldPrepare an income statement for the year. Froya Fabrikker A/S Income Statement For the Year Ended 0 Selling and administrative expenses: 0 0Froya Fabrikker N5 of Bergen, Nonivay, is a small company that manufactures specialty heavy equipment for use in North Sea oil elds. The company uses a job-order costing system that applies manufacturing overhead cost to jobs on the basis of direct labor- hours. Its predetermined overhead rate was based on a cost formula that estimated $329,000 of manufacturing overhead for an estimated allocation base of 940 direct labor-hours. The following transactions took place during the year: a. Raw materials purchased on account, $205,000. b. Raw materials used in production [all direct materials}. $190,000. c. Utility bills incurred on account, $50,000 [90% related to factory operations, and the remainder related to selling and administrative activities]. d. Accrued salary and wage costs: Direct: labor (1,015 hours} $235,000 Indirect labor $ 91,000 Selling and administrative salaries $ 115.000 e. Maintenance costs incurred on account in the factory, $55,000 f. Advertising costs incurred on account, $137,000. g. Depreciation was recorded for the year, $85,000 [70% related to factory equipment, and the remainder related to selling and administrative equipment}. h. Rental cost incurred on account, $110,000 [75% related to factory facilities, and the remainder related to selling and administrative facilities]. i. Manufacturing overhead cost was applied to jobs, $ '? . j. Cost of goods manufactured for the year, $780,000. k. Sales for the year [all on account} totaled $1,250,000. These goods cost $810,000 according to theirjob cost sheets. The balances in the inventory accounts at the beginning of the year were: Raw Materials 5 31, 000 Work in Process $ 22, 000 Finished Goods $ 61. 000 Required: 1. Prepare journal entries to record the preceding transactions. 2. Post your entries to T-accounts. (Don't forget to enter the beginning inventory balances above.) 3. Prepare a schedule of cost of goods manufactured. 4A. Prepare ajournal entry to close any balance in the Manufacturing Overhead account to lCost of Goods Sold. 48. Prepare a schedule of cost of goods sold. 5. Prepare an income statement for the year