Insurance claim received under car Insurance

Dear All,
We have purchased the vehicle in 2011 for an amount of 800000, and the depreciation provided till 2019-20 is 620000, Net block value is 180000, ? Major fire accident occured in July, Insurance claim received against Car is 320000, please give me the all accounting entries related to these transactions, following entries i have to
post as of i know, please correct me if i am wron
g.

Purchase Entry

Vehicle A/C Dr 800000
To Cash & Bank A/C 800000

For So far Provided Depreciation
Depreciation A/C Dr 620000
To Accumulated Depreciation A/C 620000

Entry on Claim Receipt
Cash & Bank A/C Dr 320000
Accumulated Depreciation A/C Dr 620000
To VehicleA/C 800000
To Profit on Loss of Fire 140000

Plz Suggest if i am wrong.