Wilson Manufacturing started in 2014 with the following account balances.

Cash $ 5,400 Common stock 3,968 Retained earnings 5,800 Raw materials inventory 1,200 Work in process inventory 850 Finished goods inventory (380 units @ $6.10 each) 2,318 Transactions during 2013 1. Purchased $2,930 of raw materials with cash. 2. Transferred $3,770 of raw materials to the production department. 3. Incurred and paid cash for 210 hours of direct labor @ $15.3 per hour. 4. Applied overhead costs to the Work in Process Inventory account. The predetermined overhead rate is $16.5 per direct labor hour. 5. Incurred actual overhead costs of $3,700 cash. 6. Completed work on 1,210 units for $5.9 per unit. 7. Paid $1,100 in selling and administrative expenses in cash. 8. Sold 1,210 units for $10,500 cash revenue (assume FIFO cost flow). Wilson charges overapplied or underapplied overhead directly to Cost of Goods Sold. Required: a. Record the preceding events in a horizontal statements model. The beginning balances are shown as an example. (Enter decreases to account balances with a minus sign.)