Larned Corporation recorded the following transactions for the just completed month. a. $76,000 in raw materials were purchased on account b. $74,000 in raw materials were used in production. Of this amount, $65,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $117,000 were paid in cash. Of this amount, $104,900 was for direct labor and the remainder was for indirect labor. d. Depreciation of $195,000 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.)