On April 1, 2025, Concord Company received a condemnation award of $473,000 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 $66,000 and $308,000, respectively, when they were acquired. At April 1, 2025, the accumulated depreciation relating to the building amounted to $176,000. On August 1, 2025, Concord purchased a piece of replacement property for cash. The new land cost $99,000, and the new building cost $440,000. Prepare the journal entries to record the transactions on April 1 and August 1, 2025. (Record journal entries in the order presented in the problem. 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 titles and enter O for the amounts. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit