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Jordan Corporation began fiscal year 2018 with the following balances in its inventory accounts Raw Materials $54,600 Work in Process 83,300 Finished Goods 26,400 During the accounting period. Jordan purchased $239.200 of raw materials and issued $249.300 of materials to the production department. Direct labor costs for the period amounted to $322.200. and manufacturing overhead of $47.300 was applied to Work in Process inventory. Assume that there was no over- or underapplied overhead. Goods costing $610.500 to produce were completed and transferred to Finished Goods Inventory. Goods costing $600,400 were sold for $800.600 during the period. Selling and administrative expenses amounted to $70,400. Required a. Determine the ending balance of each of the three inventory accounts that would appear on the year-end balance sheet. b. Prepare a schedule of cost of goods manufactured and sold and an income statement. Complete this question by entering your answers in the tabs below Req A Determine the ending balance of each of the three inventory accounts that would appear on the year-end balance sheet. Ending Balance Raw materials Work in process Finished goods next