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

Purchased $$72,000$ of raw materials on account.

$$70,000$ in raw materials were used in production. Of this amount, $$59,000$ was direct materials and the remainder was indirect materials.

Paid employees $$109,000$ cash. Of this amount, $$103,100$ was direct labor and the remainder was indirect labor.

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.