Waterway Corporation incurred the following transactions. 1. Purchased raw materials on account $51,000. 2. Raw Materials of $42,300 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $8,800 was classified as indirect materials. 3. Factorylabor costs incurred were $66,200, of which $50,600 pertained to factory wages payable and $15,600 pertained to employer payroll taxes payable. 4. Time tickets indicated that $55,000 was direct labor and $11,200 was indirect labor. 5. Manufacturing overhead costs incurred on account were $81,600. 6. Depreciation on the company's office building was $8,200. 7. Manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. Goods costing $89,400 were completed and transterred to finished goods 9. Finished goods costing $84,400 to manufacture were sold on account for $110,500. Journalize the transactions, (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (Torecord the sale) (8) (9) (To record the sale) (To record the cost of the sale)