Rosie Learns, Inc produces educational robotic toys for primary school aged children. Rosie Learns sells interactive robotic education toys to schools around the world. On December 31 Rosie Learns has the following trial balance and account balance information: Rosie Learns Trial Balance December 31, 2018 Balance Account Debit Credit Cash 25,000 Accounts Receivable 190,000 Inventories: Raw Materials 6,300 Work-in-Process 39,400 Finished Goods 21,300 Property, Plant, and Equipment 270,000 Accumulated Depreciation 71,000 Accounts Payable 129,000 Wages Payable 1,800 Common Stock 138,000 Retained Earnings 212,200 Sales Revenue 0 Cost of Goods Sold 0 Manufacturing Overhead 0 Selling and Administrative Expenses 0 Totals 552,000 552,000 Additional information as of December 31 Raw Materials Inventory subsidiary ledger: $5,000 Indirect materials $1,300 Work-in-Process Inventory subsidiary ledger Job 114 $39,400 Job 115 $0 Finished Goods Inventory subsidiary ledger: Rosie V $9,900 Rosie X $11,400 December collections on account $151,000 Selling and administrative expenses incurred and paid $32,000 Payments on account $35,000 Materials purchases on account Raw Materials $25,500 Indirect materials, $4,100 Materials requisitioned and used in production: Job 114 $800 Job 115 $7,900 Indirect materials, $1,700 Wages incurred during December $40,000 Labor time records for the month Job 114, $3,800 Job 115 $18,800 Indirect labor $17,400 Wages paid in December include the balance in Wages Payable at May 31 plus $37,200 of wages incurred during December Plant and Equipment depreciation $3,100 Manufacturing Overhead (MOH) allocated at the predetermined overhead allocation rate of 50% of direct labor cost. Jobs completed during the month: Job 114 with 700,000 Roxie V Robots at a total cost of $45,900 Sales on account Job 114 for $114,000 Adjusted for over-allocated or under-allocated manufacturing overhead. Requirements: Journalize the transactions for the company Open T-accounts for the general ledger, the Raw Materials Inventory subsidiary ledger, the Work-in-Process Inventory subsidiary ledger, and the Finished Goods Inventory subsidiary ledger. Insert each account balance as given, and use the reference Bal. Post the journal entries to the T-Accounts using the transaction letters as a reference. Prepare a trial balance at December 31, 2018 Use the Work-in Process Inventory T-accounts to prepare a schedule of cost of goods manufactured for the month of December Prepare an income statement for the month of December.