Please complete all the requirement. Use Excel if possible. (See attached)

Required:1. Record the entry for the purchase of $34,000 in materials on account.

2. Record the entry for the requisition of materials

3. Record the entry for labor

4. Record the application of factory overhead

5. Record the completion of jobs: 2145, 2146, and 2147.

6. Record the sale of job 2145 for $50,000.

7. What are the ending balances for the three inventory accounts?