QS $15-19$ Computing and recording over$-$ or underapplied overhead P$4$

A company's Factory Overhead account shows total debits of $$624,000$ and total credits of $$646,000$ at the end of the year.

Compute the under$-$ or overapplied overhead.

Prepare the journal entry to close the balance in the Factory Overhead account to Cost of Goods Sold.