3) Classify each of the following costs for Harrison Company as a selling or general and administrative period cost or as a direct or indirect product cost by entering the dollar amount(s) in the appropriate column(s): 1.Paid $75,000 in wages for employees who assemble the company's products. 2.Paid sales commissions of $58,000. 3.Paid $38,000 in salaries for factory supervisors. 4.Paid $88,000 in salaries for executives (president and vice presidents). 5.Recorded depreciation cost of $25,000. $13,000 was depreciation on factory equipment and $12,000 was depreciation on the company headquarters building. 6.Paid $4,000 for various supplies that it used in the factory (oil and materials used in machine maintenance). 7.Used $10,000 in prepaid corporate liability insurance. Product Cost General and Direct cost Indirect administrative cost Item Period Cost Selling expense ABCDEFG expense