The Polaris Company uses a job-order costing system. The following data relate to October, the first month of the company's fiscal year. Raw matenals purchased on account. $209,000. Raw matenals issued to production. $189,000 ($151,200 direct materials and $37,800 indirect materials). Direct labor cost incurred. $50,000; indirect labor cost incurred, $20,000. Depreciation recorded on factory equipment, $105,000. Other manufacturing overhead costs incurred during October. $129,000 (credit Accounts Payable). The company applies manufacturing overhead cost to production on the basis of $7 per machine-hour. A total of 76.000 machine-hours were recorded for October. Production orders costing $514,000 according to their job cost sheets were completed during october and transferred to Finished Goods. Production orders that had cost $448,000 to complete according to their job cost sheets were shipped to customers during the month. These goods were sold on account at 26% above cost. Required: Prepare journal entries to record the information given above. (If no entry is required for a transaction/event select "No journal entry required" in the first account field.)