Your audit of Sansa Corporation for the year 2020 disclosed the following property dispositions: Land Building Warehouse Machine Delivery truck Land 640,000 800,000 Acc Oem 880,000 256,000 380,000 Proceeds 288,000 72,000 376,000 Fair value 576,000 376,000 Mode Condemnation Demolition Destruction by fire Exchange Sale On January 15, a condemnation award was received as consideration for the forced sale of the companys land and building, which stood in the path of a new highway. BuildinQ On March 12, land and building were purchased at a total cost of of which 30% was allocated to the building on the corporate books. The real estate was acquired with the Intention of demolishing the building, and this was accomplished during the month of August Cash proceeds received in September represent the net proceeds from demolition of building Warehouse On July 4, the warehouse was destroyed by fire The warehouse was purchased on January 2, 2013 On December 12, the insurance proceeds and other funds were used to purchase a replacement warehouse at a cost of Machine On December 15, the machine was exchanged for a similar machine having a fair value of 504,000 and cash of 72, 000 was received Deliverv Truck On November 13, the delivery tuck was sold to a used car dealer.