On January 1, 2022, Springtime Company sold land to Wintergone Company, accepting a $ 160,000, 2-year non-interest bearing, note due January 1, 2024. The fair value of the land was $ 124,000 on the date of sale. The company purchased the land for $ 119,000 on January 1, 2014. Required: Prepare all journal entries on Springtime's books for January 1, 2022 through January 2024. These entries include the sale of the land, interest income for 2022 and 2023, and the payment at maturity.