Prepare adjusting BE3.1 (LO 6) In its first year of operation, Montreal Printing Shop estimated manufacturing overhead costs and entry for over-applied overheaa activity in order to determine a predetermined overhead rate. At year end, overhead was over-applied by $3,500. It has been decided this over-applied overhead is material at the end of the year and the amount should be allocated among work in process 10% finished goods 25%, and the rest to the cost ofgood sold. Prepare the adjusting entry to close out the over-applied overhead