Need help converting from Entourage to Mail

I am trying to make the switch from Entourage to Apple Mail. However, I need help converting the following AppleScript, which I used successfully in Entourage:

tell application "Microsoft Entourage"
	set destFolder to folder "Processed Mail" of folder "Inbox" of Exchange account "mhyatt"
	set currMsgs to (current messages)
	move currMsgs to destFolder
	repeat with oneMsg in currMsgs
		set read status of oneMsg to false
	end repeat
end tell

How do I convert this? I am having difficult identifying the folders.

Model: MacBook Pro 2.4 GHz
AppleScript: 2.0.1
Browser: Firefox 3.0
Operating System: Mac OS X (10.5)