In 20x5, P Ltd paid $300 million to acquire 100% of S Ltd when S Ltd's net assets were represented by share capital of $100 million and retained profit of $100 million. On this date, S Ltd's land which was carried at cost of $100 million was deemed to have a fair value of $150 million. During 20x8, S Ltd sold the land to a third party for $220 million. The accounting policy of P Ltd, S Ltd, and the group was to account for land at cost. The relevant consolidation adjusting entries for 20x8 consolidated financial statements should be: