Larned Corporation recorded the following transactions for the just completed month. a. $89,000 in raw materials were purchased on account b. $87,000 in raw materials were used in production of this amount, $72,000 was for direct materials and the remainder was for Indirect materials c. Total labor wages of $119,500 were paid in cash. Of this amount, $101.700 was for direct labor and the remainder was for indirect labor. d. Depreciation of $194,000 was incurred on factory equipment. Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)