Assume that the following events occurred at a division of generic electric for march of the current year: 1. purchased $80 million in direct materials. 2. incurred direct labor costs of $55 million. 3. determined that manufacturing overhead was $79 million. 4. transferred 80 percent of the materials purchased to work-in-process. 5. completed work on 80 percent of the work-in-process. costs are assigned equally across all work-in-process. 6. the inventory accounts have no beginning balances. all costs incurred were debited to the appropriate account and credited to accounts payable. required: give the amounts for the following items in the work-in-process account: (do not round your intermediate calculations. enter your final answers in millions rounded to 2 decimal places.) transfers-in milliontransfers-out millionending balance million