The following accounting events affected Nelson Manufacturing Company during its first three years of operation. Assume that all transactions are cash transactions. Transactions for 2013 1. Started manufacturing company by issuing common stock for $3,900. 2. Purchased $1,210 of direct raw materials. 3. Used $800 of direct raw materials to produce inventory. 4. Paid $330 of direct labor wages to employees to make inventory. 5. Applied $290 of manufacturing overhead cost to Work in Process Inventory. 6. Finished work on inventory that cost $940. 7. Sold goods that cost $610 for $1,180. 8. Paid $340 for selling and administrative expenses. 9. Actual manufacturing overhead cost amounted to $220 for the year. Transactions for 2014 1. Acquired additional $1,500 of cash from common stock. 2. Purchased $1,300 of direct raw materials. 3. Used $1,260 of direct raw materials to produce inventory. 4. Paid $510 of direct labor wages to employees to make inventory. 5. Applied $320 of manufacturing overhead cost to Work in Process Inventory. 6. Finished work on inventory that cost $1,840. 7. Sold goods that cost $1,570 for $2,850. 8. Paid $430 for selling and administrative expenses. 9. Actual manufacturing overhead cost amounted to $360 for the year. Transactions for 2015 1. Paid a cash dividend of $800. 2. Purchased $1,480 of direct raw materials. 3. Used $1,110 of direct raw materials to produce inventory. 4. Paid $380 of direct labor wages to employees to make inventory. 5. Applied $340 of manufacturing overhead cost to work in process. 6. Finished work on inventory that cost $2,040. 7. Sold goods that cost $2,290 for $3,530. 8. Paid $650 for selling and administrative expenses. 9. Annual manufacturing overhead costs were $260 for the year. Required: a.c.&d. Record the preceding events in a horizontal statements model. Close overapplied or underapplied overhead to Cost of Goods Sold. Close appropriate accounts for 2013, 2014 and 2015. In year 2013 first event is shown as an example. (Enter decreases to account balances with a minus sign.)