Required information [The following information applies to the questions displayed below.) Bergamo Bay's computer system generated the following trial balance on December 31, 2019. The company's manager knows something is wrong with the trial balance because it does not show any balance for Work in Process Inventory but does show a balance for the Factory Overhead account. In addition, the accrued factory payroll (Factory Wages Payable) has not been recorded. Credit Debit $ 74,000 43,000 26,500 12,000 4,000 Cash Accounts receivable Raw materials inventory Work in process inventory Finished goods inventory Prepaid rent Accounts payable Notes payable Common stock Retained earnings Sales Cost of goods sold Factory overhead Operating expenses Totals $ 10,300 13,300 40,000 83,000 196,900 107,000 28,000 49,000 $343,500 $343,500 After examining various files, the manager identifies the following six source documents that need to be processed to bring the accounting records up to date. Materials requisition 21-3010: Materials requisition 21-3011: Materials requisition 21-3012: Labor time ticket 6052: Labor time ticket 6053: Labor time ticket 6054: $ 4,300 direct materials to Job 402 $ 7,300 direct materials to Job 404 $ 1,500 indirect materials $ 5,000 direct labor to Job 402 $15,000 direct labor to Job 404 $ 5,000 indirect labor Jobs 402 and 404 are the only units in process at year-end. The predetermined overhead rate is 150% of direct labor cost. 3. Prepare a revised trial balance. Credit BERGAMO BAY COMPANY Trial Balance December 31, 2019 Debit Cash $ 74,000 Accounts receivable 43,000 Raw materials inventory 13,400 Work in process inventory Finished goods inventory 12,000 Prepaid rent 4,000 Accounts payable Factory wages payable Notes payable Common stock Retained earnings 10,300 25,000 13,300 40,000 83,000 196,900 Sales Cost of goods sold Factory overhead Operating expenses Totals 49,000 195,400 | $ $ 368,500