The following events occurred over the course of a year at Bonita Corp., which uses a job order costing system: 1. Direct materials purchases totaled $585,000. Bonita Corp tracks its direct materials separately from its indirect materials. Purchases were made on account. 2. $130,000 of indirect materials were used in production. Bonita uses a separate Supplies Inventory account for indirect materials. 3. $560,000 of direct materials were used in production 4. The direct labor bayroll was $791,000 (credit Wages Payable). 5. Other manufacturing overhead costs incurred during the year totaled $670,000 6. Bonita applies overhead based on a predetermined overhead rate of $24 per machine hour. The company used 48,000 machine hours during the year. 7. During the year, Bonita transferred goods costing $2,420,000 into the Finished Goods Inventory account. 8. Bonita sold products with a manufacturing cost of $2,398,000 to customers during the year. (b) Prepare T-accounts for the following accounts: Direct Materials Inventory, Work in Process Inventory, Manufacturing Overhead Control, and Finished Goods Inventory. Record the transactions from part (a) in the T-accounts and calculate ending account balances. Assume the following beginning account balances (Post entries in order presented in the problem: Account Direct Materials Inventory Work in Process Inventory Finished Goods Inventory Balance $36,000 $24,000 $42.000 Direct Materials Inventory Work in Process Inventory