The accounts of Tim Tam Inc. showed the following debit balances at the beginning of December: Accounts Debit Raw Materials Inventory $59,000 Work-in-Process Inventory 75,000 Finished Goods Inventory 30,000 Manufacturing Overhead 24,000 The following transactions took place during the month: December 2: Assigned direct materials $39,000 and indirect materials $6,000 to production. December 15: Incurred $5,000 and $4,000 toward factory's direct labor costs and indirect labor costs, respectively. What should be the balance in the Work-in-Process Inventory account following these transactions? Group of answer choices $79,000 $69,000 $80,000 $119,000