Poonah Manufacturers Inc has estimated total factory overhead costs of $95,000 and 10,000 direct labor hours for the current fiscal year. If job number 112 incurred 1,600 direct labor hours, the work in process account will be debited and factory overhead will be credited for: 1) $95,000 2) $0; WIP is credited 3) $1,600 4) $15,200