CAN YOU SHOW ME THE WORK ON HOW TO GET THE NUMBERS FOR EACH JOURNAL ENTRY!!!!

At December 31, 2022, Pronghorn Corporation reported the following plant assets. Land $ 3,498,000 Buildings $26,630,000 Less: Accumulated depreciation-buildings 13,904,550 12,725,450 Equipment 46,640,000 Less: Accumulated depreciation equipment 5,830,000 40,810,000 Total plant assets $57,033,450 During 2023, the following selected cash transactions occurred. Apr. 1 Purchased land for $2,565,200. May 1 Sold equipment that cost $699,600 when purchased on January 1, 2016. The equipment was sold for $198,220. June 1 Sold land for $1,865,600. The land cost $1,166,000. July 1 Purchased equipment for $1,282,600. Dec. 31 Retired equipment that cost $816,200 when purchased on December 31, 2013. No salvage value was received. (a) Journalize the transactions. Pronghorn uses straight-line depreciation for buildings and equipment. The buildings are estimated to have a 40-year useful life and no salvage value; the equipment is estimated to have a 10-year useful life and no salvage value. Update depreciation on assets disposed of at the time of sale or retirement. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) Journalize the transactions. Pronghorn uses straight-line depreciation for buildings and equipment. The buildings are estimated to have a 40-year useful life and no salvage value; the equipment is estimated to have a 10-year useful life and no salvage value. Update depreciation on assets disposed of at the time of sale or retirement. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit April 1 V v Land 2565200 Cash 2565200 May 1 Depreciation Expense 23320 Accumulated Depreciation-Equipment 23320 (To record depreciation on equipment sold) Cash 198220 Accumulated Depreciation-Equipment 513040 Gain on Disposal of Plant Assets 11660 Equipment 699600 June 1 Cash 1865600 Land 1166000 Gain on Disposal of Plant Assets 699600 July 1 V V Equipment 1282600 Cash 1282600 Dec. 31 v Depreciation Expense 81620 Accumulated Depreciation Equipment 81620 (To record depreciation on equipment retired) Accumulated Depreciation Equipment 816200 Equipment 816200