Problem 2-2A (Part Level Submission) For the year ended December 31, 2017, the job cost sheets of Cinta Compeny contained the following data. 17, the job cost shets of cinta Company contained the following data 7640Balace Balance 1/1 Current year's costs Balance 1/1 Current years costs $27,500 $26,400S 33,00039,600 7641 7642 Current year's costs Other data: $31,680 $85,580 47,520 120,120 12,100 19,80023,760 55,660 63,360 163,460 72,600 196,900 47,300 52,800 63,800 60,500 1. Raw materials inventory totaled $16,500 on January 1. During the year, $154,000 of raw materials were purchased on account. 2. Finished goods on January 1 consisted of Job No. 7638 for $95,700 and Job No. 7639 for $101,200. 3. Job No. 7640 and Job No. 7641 were completed during the year 4. Job Nos. 7638, 7639, and 7641 were sold on account for $583,000. Manufacturing overhead incurred on account totaled $132,000. 6. Other manufacturing overhead consisted of indirect materials $15,400, indirect labor $19,800, and depreciation on factory machinery $8,800