Wilson Company manufactures clay vases with the only direct material used in the process is the clay which is all added at the beginning of the process. At the beginning of the year, there are 1,000 vases in the production process that are 100% complete as to materials and 70% complete as to conversion costs. The costs associated with the beginning inventory of materials and conversion costs is $5,000 and $4,000, respectively. During the period, Wilson started an additional 9,000 vases into production with a cost of $65,000 for materials and $80,000 for conversion costs. During the period, they completed and transferred 8,000 vases from Work-in-Process to Finished Goods. The ending inventory of Work-in-Process was 2,000 units 100% complete as to materials and 20% complete as to conversion costs. Using the average method of inventory, what dollar amount is contained in the entry to transfer the units to Finished Goods? (Submit your answer in the following format $x.XXX.XXX.XX Be sure to put a $ then without any following space, enter the dollar amount using commas between hundred and thousands and millions and don't forget to enter any cents. Your answer should look like this $1,234.56.) The next question asks to submit your work in support of your answer to this