Requiem un Problem 15-2A Source documents, journal entries, overhead, and financial reports LO P1, P2, P3, P4 (The following information applies to the questions displayed below.) Bergamo Bay's computer system generated the following trial balance on December 31, 2019. The company's manager knows something is wrong with the trial balance because it does not show any balance for Work in Process Inventory but does show a balance for the Factory Overhead account. In addition, the accrued factory payroll (Factory Wages Payable) has not been recorded. Cash Accounts receivable Raw materials inventory Work in process inventory Finished goods inventory Prepaid rent Accounts payable Notes payable Common stock Retained earnings Debit $ 79,000 48,000 29.000 0 12,000 4,000 $ 10,500 13,500 40,000 83,000 211,000 Sales Cost of goods sold Factory overhead Operating expenses Totals 117,000 25,000 44,000 $350,000 $358,000 After examining various files, the manager identifies the following six source documents that need to be processed to bring the accounting records up to date. Materials requisition 21-3010: Materials requisition 21-3011 Materials requisition 21-3012: Labor time ticket 6052 Labor time ticket 6053 Labor time ticket 6054: $ 4,800 direct materials to Job 402 $ 7,300 direct materials to Job 404 $ 2,000 indirect materials $ 7,000 direct labor to Job 402 $13,000 direct labor to Job 404 $ 5,000 indirect labor Jobs 402 and 404 are the only units in process at year-end. The predetermined overhead rate is 100% of direct labor cost. 1. Prepare journal entries to assign the above costs. View transaction list Journal entry worksheet Jobs 402 and 404 are the only units in process at year-end. The predetermined overhead rate is 100% of direct labor cost. Problem 15-2A Part 4 4. Prepare an income statement for 2019 and a balance sheet as of December 31, 2019. Complete this question by entering your answers in the tabs below. Income Statement Balance Sheet Prepare an income statement for 2019. BERGAMO BAY COMPANY Income Statement For Year Ended December 31, 2019 1 LUI Balance Sheet >