(a) On 1 September 2010, an entity paid EUR 160,000 to replace the wall lining of one of its furnaces. The furnace had been acquired several years previously and its carrying amount on 1 September 2010 (before accounting for the replacement of the lining) was EUR 640,000. Of this amount, EUR 20,000 related to the original wall lining. 

(b) On 1 September 2010, an entity paid EUR 500,000 for a major inspection of one of its aircraft. It is a legal requirement that such an inspection is carried out at least once every three years. The previous inspection took place in March 2008 at a cost of EUR 420,000. The carrying amount of the aircraft on 1 September 2010 (before accounting for the new inspection) was EUR 2,400,000. Of this amount, EUR 140,000 related to the previous inspection.

Explain how each of these transactions should be accounted for in accordance with the requirements of IAS 16.