On December $31,2022,$ Tamarisk Inc. owns a machine with a carrying amount of $$744,000.$ The original cost and accumulated depreciation for the machine on this date are as follows:

Machine

$$1,320,000$

Accumulated depreciation

$576,000$

$$744,000$

Depreciation is calculated at $$96,000$ per year on a straight$-$line basis.

A set of independent situations follows. For each situation, prepare the journal entry for Tamarisk to record the transaction. Ensure that depreciation entries are recorded to update the machine's carrying amount before its disposal. Assume that Tamarisk uses IFRS for financial statement purposes.

$($a$)$

A fire completely destroyed the machine on August $31,2023.$ An insurance settlement of $$428,000$ was received for this casualty. Assume the settlement was received immediately. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries.$)$