Larned Corporation recorded the following transactions for the just completed month.

1. Purchased $78,000 of raw materials on account.
2. $76,000 in raw materials were used in production. Of this amount, $69,000 was direct materials and the remainder was indirect materials.
3. Paid employees $122,000 cash. Of this amount, $101,800 was direct labor and the remainder was indirect labor.
4. Depreciation of $197,000 was incurred on factory equipment.

Required:

Record the above transactions in journal entries.

Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.