Du Jan 01.01.entity acquires land for CU 40. Payment is cffected il cash on the same day. Revaluations are carried out on an annual basis. Fair value of the land changes as follows: Exercise 3.6 Revelation of land without taking deferred tax into account The piece of land is measured according to the revaluation model aner recognition Dec 31.01 44 Dec 31.02 36 Dec 31.03 48 Required Prepare any necessary entries in E's financial statements as on Dec 31 for the years 01-03. Ignore deferred tax attiantartand-taking deferred ran into accoun