The following inventory information is available for Cullumber Manufacturing Corporation for the year ended December 31, 2022: Beginning Ending Inventories: Raw materials $18,020 $20,140 Work in process 9,540 14,840 Finished goods 11,660 8,480 Total $39,220 $43,460 In addition, the following transactions occurred in 2022: 1. Raw materials purchased on account, $79,500. 2. Incurred factory labor, $84,800, all is direct labor. 3. Incurred the following overhead costs during the year: utilities $7,208, depreciation on manufacturing machinery $8,480, manufacturing machinery repairs $9,752, factory insurance $9,540 (Credit Accounts Payable and Accumulated Depreciation). 4. Assigned $84,800 of factory labor to jobs. 5. Applied $38,160 of overhead to jobs. Journalize the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manual List all debit entries before credit entries.) No. Account Titles and Explanation Debit Credit 1. 2. 3. 3 4. 5