Se Requirement Assume that all raw materials are purchased on credit and all sales are credit sales. Compute the missing amounts above. Data table Accounts receivable, January 1, 2020 Accounts payable, January 1, 2020 Raw materials, January 1, 2020 Work in process, January 1, 2020 130,000 13.000 27,000 Accounts receivable, January 1, 2020 Accounts payable, January 1, 2020 Raw materials, January 1, 2020 $ 130,000 2 13,000 Finished goods, January 1, 2020 71,000 Work in process, January 1, 2020 27,000 Accounts receivable, December 31, 2020 130,000 Finished goods, January 1, 2020 71,000 Accounts payable, December 31, 2020 250,000 Accounts receivable, December 31, 2020 130,000 Raw materials, December 31, 2020 Work in process, December 31, 2020 65,000 Finished goods, December 31, 2020 49,000 Raw materials used in production Raw materials purchased Accounts receivable collections Accounts payable payments 130,000 120,000 83,000 Accounts payable, December 31, 2020 Raw materials, December 31, 2020 Work in process, December 31, 2020 Finished goods, December 31, 2020 Raw materials used in production Raw materials purchased Accounts receivable collections Accounts payable payments Sales 250,000 65,000 49,000 130,000 120,000 83,000 Total manufacturing costs Se Requirement Assume that all raw materials are purchased on credit and all sales are credit sales. Compute the missing amounts above. Data table Accounts receivable, January 1, 2020 Accounts payable, January 1, 2020 Raw materials, January 1, 2020 Work in process, January 1, 2020 130,000 13.000 27,000 Accounts receivable, January 1, 2020 Accounts payable, January 1, 2020 Raw materials, January 1, 2020 $ 130,000 2 13,000 Finished goods, January 1, 2020 71,000 Work in process, January 1, 2020 27,000 Accounts receivable, December 31, 2020 130,000 Finished goods, January 1, 2020 71,000 Accounts payable, December 31, 2020 250,000 Accounts receivable, December 31, 2020 130,000 Raw materials, December 31, 2020 Work in process, December 31, 2020 65,000 Finished goods, December 31, 2020 49,000 Raw materials used in production Raw materials purchased Accounts receivable collections Accounts payable payments 130,000 120,000 83,000 Accounts payable, December 31, 2020 Raw materials, December 31, 2020 Work in process, December 31, 2020 Finished goods, December 31, 2020 Raw materials used in production Raw materials purchased Accounts receivable collections Accounts payable payments Sales 250,000 65,000 49,000 130,000 120,000 83,000 Total manufacturing costs