[The following information applies to the questions displayed below.] MarineCo, Inc., manufactl. s outboard motors and an assortment of other marine equipment. The company uses a job-order costing system. Normal costing is used, and manufacturing overhead is applied on the basis of machine hours. Estimated manufacturing overhead for the year is $1,390,800, and management estimates the firm's practical capacity at 73,200 machine hours. 2. Prepare journal entries to record the following events, which occurred during April. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) a. The firm purchased marine propellers from Peninsula Marine Corporation for $6,850 on account. b. A requisition was filed by the Gauge Department supervisor for 300 pounds of clear plastic. The material cost $0.60 per pound when it was purchased. c. The Motor Testing Department supervisor refaquisitioned 200 feet of electrical wire, which is considered an indirect material. The wire cost $0.20 per foot when it was purchased. d. An electric utility bill of $800 was paid in cash. e. Direct-labor costs incurred in April were $85,000. f. April's insurance cost was $1,800 for insurance on the cars driven by sales personnel. The policy had been prepaid in March. g. Metal tubing costing $2,000 was purchased on account. h. A cash payment of $1,700 was made on outstanding accounts payable. i. Indirect-labor costs of $20,000 were incurred during April. j. Depreciation on equipment for April amounted to $7,000. k. Job number G22, consisting of 50 tachometers, was finished during April. The total cost of the job was $1,000. I. During April, 6,000 machine hours were used. m. Sales on account for April amounted to $176,000. The cost of goods sold in April was $139,000