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The following information was provided in the current year $10-$K of International Lodgings, Inc.

Note $7$: Property and Equipment $($$ millions$)$

Current Year Prior Year

Property and equipment, gross $$624$ $$667$

Accumulated depreciation and amortization $(365)(382)$

Property and equipment, net $$259$ $$285$

During the current year ended December $31,$ we recognized $$21$ million of impairment

losses related to property and equipment, including $$3$ million for finance lease ROU assets,

which reduced the gross carrying value of property and equipment by $$89,$ including

finance lease ROY assets by $$32$ million, and the accumulated depreciation and amortization by

$$68$ million, including finance lease ROU assets by $$29$ million.

Note $7$ also revealed that depreciation and amortization expense on property and equipment

totaled $$43$ million during the current year. The statement of cash flows reported that expenditures

for property and equipment totaled $$35$ million during the current year and that there were neither

proceeds nor gain or loss on the sale of property and equipment during the year.

$1.$ Using the information provided, prepare a journal entry and record in the FSET:

a$.$ the acquisition of new property and equipment during the year;

b$.$ the depreciation and amortization expense for the year;

c$.$ the impairment of the company's property and equipment during the year. I$\text{'}$m not sure what I am missing

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