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Zachary Manufacturing Company was started on January 1 , Year 1 . The company was affected by the following events during its fir year of operation. 1. Acquired $2,500 cash from the issue of common stock. 2. Paid $540 cash for direct raw materials. 3. Transferred $370 of direct raw materials to work in process. 4. Paid production employees $690 cash. 5. Paid $340 cash for manufacturing overhead costs. 6. Applied $210 of manufacturing overhead costs to work in process. 7. Completed work on products that cost $1,060. 8. Sold products that cost $820 for $1,590 cash. 9. Paid $320 cash for selling and administrative expenses. 10. Made a $80 cash distribution to the owners. 11. Closed the Manufacturing Overhead account. Required a. Record these events in a horizontal statements model. The first event is shown as an example. b. Prepare a schedule of cost of goods manufactured and sold. Complete this question by entering your answers in the tabs below. Prepare a schedule of cost of goods manufactured and sold