please answer 1,2 and 3

Manutastang cperntons tex daviafy are summartad as follows: Ian- I Materias purchased on acoount, seo,000 2 Malerals reculsifoned for ute- Fcer.Spining Departmenk \$42.000 Capet backing-Tufting Depaytmont $34,600 Ind rect maberiais-Spinning Department, $3,000 ingieest malerisls-Tutting Dopartment, \$2,900 1 Materials purchased on account, $80,000 2 Materials requisitioned for use: Fiber-Spinning Department, $42,000 Carpet backing-Tufting Department, $34,600 Indirect materials-Spinning Department, $3,000 Indirect materials-Tufting Department, \$2,900 31 Labor used: Direct labor-Spinning Department, \$26,900 Direct labor-Tufting Department, $17,800 Indirect labor-Spinning Department, $11,700 Indirect labor-Tufting Department, \$11,800 31 Depreciation charged on fixed assets: Spinning Department, \$5,300 Tufting Department, $3,500 31 Expired prepaid factory insurance: 31 Depreciation charged on fixed assets: Spinning Department, $5,300 Tufting Department, $3,500 31 Expired prepaid factory insurance: Spinning Department, \$1,300 Tufting Department, $1,000 31 Applied factory overhead: Spinning Department, \$21,500 Tutting Department, \$18,850 31 Production costs transferred from Spinning Department to Tufting Department, $85,000 31 Production costs transferred from Tutting Department to Finished Goods, $152,600 31 Cost of goods sold during the period, $155,300 Required: 1. Journalize the entries to record the operations, using the dates provided with the summary of manufacturing operations. 2. Compute the January 31 balances of the inventory accounts. 3. Compute the January 31 balances of the factory overhead accounts. Chart of Accounts CHART OF ACCOUNTS Port Ormond Carpet Company General Ledger ASSETS110Cash121AccountsReceivable125NotesReceivable126InterestReceivable131Materials141WorkinProcess-SpinningDepartment142WorkinProcess-TuftingDepartment151FactoryOverhead-SpinningDepartment152FactoryOverhead-TuttingDepartment161FinishedGoods171Supplies172PrepaidInsuranceREVENUE410Sales610InterestRevenueEXPENSES510CostofGoodsSold520WagesExpense531SellingExpenses532InsuranceExpense533UtilitiesExpense534SuppliesExpense540AdministrativeExpenses561DepreciationExpense-Factory 172 Prepaid Insurance 561 Depreciation Expense-Factory 173 Prepaid Expenses 590 Miscellaneous Expense 181 Land 710 Interest Expense 191 Factory 192 Accumulated Depreciation-Factory LIABILITIES 210 Accounts Payable 221 Utilities Payable 231 Notes Payable 236 Interest Payable 251 Wages Payable EQUITY 311 Common Stock 340 Retained Earnings 351 Dividends 192 Accumulated Depreciation-Factory LIABILITIES 210 Accounts Payable 221 Utilities Payable 231 Notes Payable 236 Interest Payable 251 Wages Payable EQUITY 311 Common Stock 340 Retained Earnings 351 Dividends 390 Income Summary 1. Joumalise the emtries fo recorc the opevations, using the detes poovided with the sumvary of munufacturing operasons: 2. Compute the January 31 balances of the inventory accounts. 3. Compute the January 31 balances of the factory overhead accounts