Please help 3-b and 4

Ravsten Company uses a job-order costing system. On January 1 , the beginning of the current year, the compary's inventory balancos were as follows: The company applies overhead cost to jobs on the basis of machine-hours. For the current year, the company estimated mat ir would work 36,000 machine-hours and incur $160,200 in manufacturing overhead cost. The following transfictions were reconded for the year: a. Raw materials were purchased on account: $210,000 b. Raw materials were requisitioned for use in production: $200,000 (80\% direct and 20% indirect) c. The following costs were incurred for employee services: d. Heat, power, and water costs were incurred in the factory, $44,000 activities) f. Advertising costs were incurred, $52,000. 9. Depreciation was recorded for the year: $62,000 (85\% relates to factory operations, and 15% relates to selling and administrative activities). h. Manufacturing overhead cost was applied to production. The company recorded 40,000 machine-Hours for the year. 1. Goods that cost $504,000 to manufacture according to their job cost sheets were transferred to the finished goods warehouse 1. Sales for the year totalled $770,000 and were all on account. The total cost to manufacture these goods according to their job cost sheets was $495,000. 3-b. Prepare a journal entry to properly dispose of any balance in the Manufacturing Overhead account. (Round your percentages and final answers to 2 decimal places. If no entry is required for a transaction/event, select "No joumal entry required" in the first account field.) 4. Prepare an income statement for the year. (Do not round intermediate calculations and round your final answers to nearest whole dollar amount.) X Answer is complete but not entirely correct