On April 1, 2017, Flint Company received a condemnation award of $438,600 cash as compensation for the forced sale of the company's land and building, which stood in the path of a new state highway. The land and building cost $61,200 and $285,600, respectively, when they were acquired. At April 1, 2017, the accumulated depreciation relating to the building amounted to $163,200. On August 1, 2017, Flint purchased a piece of replacement property for cash. The new land cost $91,800, and the new building cost $408.000. Prepare the journal entries to record the transactions on April 1 and August 1, 2017 (Credit account titles are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account tides and enter for the amounts) Date Account Titles and Explanation Debit Credit April 1 Cash 438800 Accumulated Depreciation-Building 163200 Land 61200 Buildings 285600 Gain on Disposal of Plant Assets Aug. 1 Land 91800 Buildings 408000 Cash