PLEASE DO ALL REQUIREMENTS

Information related to the long-term operating assets of Briun Rotail Distributors, Inc. at December 31 , 2022, is as followt (Clck the ioon lo view the long-tem opetiting assets.) The frecal year end of the compaty in December 31. The following events occurned dueing 2023: (Cick the icon to were the erents.) Read the repyitements Requirement a. Prepare the joumal entries requined to recond each of the above events and to record depreciaton Event 1. On February 1, 2023, Braun soid the vehicles to Direct Produce. Inc. far 520,000. First prepare the journal enty to recognize depreciation expense on the vehicles up to the date of sale. Round your answer to the nesrost whole dollar) Requirements a. Prepare the joumsal entries required to recond ebch of the above events and to recond deprociation expense at the end of the year, b. Determine the ending net book value of Braun's long term opersting assets on its December 31, 2023, balarce sheet. Show the talance for each assef insividualy and in total. More info 1. On February 1, Braun sold the vehicles to Direct Produce, Inc. for $20,000. 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 $570,000 and the machinery cost the company $318,400 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. Data table