Lazaro Company, a manufacturer of iron, entered into the following transactions in 2021. Please provide the necessary journal entries for each of the following transactions: 1) January 1 Lazaro purchased $100,000 in raw materials from a supplier. 2) January 7 Lazaro requisitioned $18,000 of direct material and $30,000 of indirect material from the storeroom for use on Job A. 3) January 17 A. Lazaro recorded $8,000 of direct labor and $10,000 of indirect labor on Job 4) January 22 Lazaro applied overhead to Job A. Actual overhead on the job was $40,000. Estimated overhead was $44,000. 5) January 31 Lazaro closed the manufacturing overhead account using the direct method.