Linzee Liners estimates that its manufacturing overhead will be $1,768,700 in Year 1 . It further estimates that direct labor costs will amount to $769,000. During March, Linzee worked on four jobs with actual direct labor costs of $36,900 for Job 0301,$24,400 for Job 0302, $33,900 for Job 0303, and $17,900 for Job 0304. Actual manufacturing overhead costs for the year were $1,757,500. Actua direct labor costs for the year were $754,000. Manufacturing overhead is applied to jobs based on direct labor costs using predetermined rates. The amount of overhead applied in each of the inventory accounts at the end of Year 1 is as follows. Required: Prepare an entry to allocate the over- or underapplied overhead. Note: If no entry is required for a transaction/event, select "No journal entry required in the first account field. Required: Prepare an entry to allocate the over- or underapplied overhead. Note: If no entry is required for a transaction/event, select "No journal entry required" in the fir: Journal entry worksheet Record an entry to allocate the over- or underapplied overhead. Note: Enter debits before credits