P19-34B WireComm manufactures specialized components used in wireless com- munication. Initially, the company manufactured the components for its own use, but it gradually began selling them to other wireless companies as well. The trial balance of WireComm's manufacturing operations on January 1, 2009, is as follows WIRECOMM-MANUFACTURING OPERATIONS Tnal BalaDC Cash Accounts receivable $147,000 88,000 Materials Work in process Finished goods 17,000 44,000 61,000 353,000 Plant assets Accounts payable Wages payable Common stock Retained earnings Sales revenues Cost of goods sold 157,000 84,000 5,500 225,000 238,500 Manufactocing overhcad $710,00o January 1 balances in the subsidiary ledgers were Materials ledger: electronic parts,$15,300, indirect materials, $1,700. Work in process ledger: Job 90, $44,000. Finished goods ledger: transmitters, $38,000; power supplies, $23,000. January transactions are summarized as follows a. Payments on account, $81,000. b. Marketing and general expenses incurred and paid, $22,000 c. Collections on account, $195,000. d. Materials purchased on credit: electronic parts, $49,000, indirect materials, $6,000. e. Materials used in production (requisitioned): Job 90: electronic parts, $4,000. Job 91: electronic parts, $38,000 . Indirect materials, $7,000