Perfecto Pizza Company produces microwavable pizzas. The following accounts appeared in Perfecto's ledger as of December 31. Additional information: a. Accounts payable is used only for direct-material purchases. b. Underapplied overhead of $2,600 for the year has not yet been closed into cost of goods sold. Required: Complete the following T-accounts. Answer is complete but not entirely correct. Raw-Material Inventory Accounts Payable Bal. 1/1 21,300 134,900 120,000 136,500 2,600 134,900 Bal. 1/1 Bal. Bal. 12/31 36,000 1,000 12/31 Work-in-Process Inventory Finished-Goods Inventory Bal. 1/1 17,000 Bal. 1/1 Direct material 120.000 718.000 12,000 718,000 710.000 x