On 12/21/2021, DELMY Incorporated purchased equipment, land, and building for $600,000 as a lump sum purchase. Based on the information below present the journal entry to record the sale (on the seller's books) and the purchase by DELMY. NOTE: this requires two separate Journal Entries. Show calculations for best partial credit. Book Value Equipment 50,000.00 Land 20,000.00 Building 120,000.00 190,000.00 Fair value 25,000.00 60,000.00 180,000.00 265,000.00 A. Prepare the Journal Entry to record the purchase of the assets by DELMY B. Prepare the Journal Entry to record the sale of the assets by the seller