As reported to the FAA. Reports are unverified, and codes are left as the FAA publishes them.
What was found
AT APPROXIMATELY 100 FT AGL, LT ENGINE TEMP WENT TO 1170 DEGREES WITH ASSOCIATED "LOUD BANG" AND L ENGINE OIL PRESSURE LIGHT. DECLARED EMERGENCY RAN CHECK LIST, SHUT DOWN ENGINE. REMOVED AND REPLACED NR 1 ENGINE IAW 71-00-00-04 SN ON GE-E-785342, SN OFF GE-E-785571. OPS CHECK GOOD.