Information related to the long-term operating assets of Braun Retail Distributors, Inc. at December 31, 2022, is as follows: The fiscal year end of the company is December 31. The following events occurred during 2023: 1. On February 1, Braun sold the vehicles to Major Produce, Inc. for $19,000. 2. On March 31, all of Braun's equipment and machinery was destroyed by a fire in one of its facilities. 3. On May 1, the equipment was replaced at a cost of $585,000 and the machinery cost the company $325,600 to replace. The estimated useful lives and residual values remained the same as specified for the original machinery and equipment. The company paid cash for the new assets. a. Prepare the journal entries required to record each of the above events and to record depreciation expense at the end of the year. b. Determine the ending net book value of Braun's long-term operating assets on its December 31, 2023, balance sheet. Show the balance for each asset individually and in total. Requirement a. Prepare the journal entries required to record each of the above events and to record depreciation expense at the end of the year. (Record debits first, then credits