Buffalo Co. owes $202,500 to Carla Inc. The debt is a 10-year, 11% note. Because Buffalo Co. is in financial trouble, Carla Inc. agrees to accept some land and cancel the entire debt. The property has a book value of $92,800 and a fair value of $146,600. (a) Prepare the journal entry on Buffalo's books for debt restructure. (b) Prepare the journal entry on Carla's books for debt restructure. (If no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically Indented when amount is entered. Do not indent manually) Debit Credit No. Account Titles and Explanation (a) Buffalo Co.'s entry: (b) Carla Inc. entry: e Textbook and Media List of Accounts