Sheridan Corporation incurred the following transactions. 1. 2. 3. 4. 5. 6. 7. 8. Purchased raw materials on account $51,800. Raw Materials of $45,000 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $9,000 was classified as indirect materials. Factory labor costs incurred were $64,100. Time tickets indicated that $54.900 was direct labor and $9,200 was indirect labor. Manufacturing overhead costs incurred on account were $83,600. Manufacturing overhead was applied at the rate of 160% of direct labor cost. Goods costing $97,400 were completed and transferred to finished goods. Finished goods costing $82,100 to manufacture were sold. Record the transactions (Enter negative amounts using either a negative sin preceding the number eg.-45 or parentheses es.(451) Raw Materials Inventory Factory Labor Manufacturing Overhead $ $ 51,800 $ $ 0 0 0 0 1. Purchased raw materials 2. Direct materials 2. Indirect materials 3. Incurred factory labor 4. Direct labor 4. Indirect labor 0 0 5. Overhead costs incurred 6. Assigned overhead 7. Completed goods 8. Goods sold Work in Process Inventory $ Cost of Goods Sold Finished Goods Inventory $ $