Larned Corporation recorded the following transactions for the just completed month. a. Purchased $88,000 of raw materials on account. b. $86,000 in raw materials were used in production. Of this amount, $75,000 was direct materials and the remainder was indirect materials. c. Paid employees $128,000 cash. Of this amount, $101,100 was direct labor and the remainder was indirect labor. d. Depreciation of $196,000 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. Journal entry worksheet Total labor wages of $128,000 were paid in cash. Of this amount, $101,100 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits. Journal entry worksheet Depreciation of $196,000 was incurred on factory equipment. Note: Enter debits before credits: 1$88,000 in raw materials were purchased on account. 2$86,000 in raw materials were used in production. Of this amount, $75,000 was for direct materials and the remainder was for indirect materials. 3 Total labor wages of $128,000 were paid in cash. Of this amount, $101,100 was for direct labor and the remainder was for indirect labor. 4 Depreciation of $196,000 was incurred on factory equipment. Journal entry worksheet $86,000 in raw materials were used in production. Of this amount, $75,000 was for direct materials and the remainder was for indirect materials. Note: Enter debits before credits. Journal entry worksheet $88,000 in raw materials were purchased on account. Note: Enter debits before credits