Selected accounts of the Debtor Corporation reflected the following December 31, 2019 balances: Land............. 150,000 Note Payable, 10% due Dec 31, 2019 200,000 Interest on Note Payable... 180,000 Debtor Corporation was experiencing financial difficulties and the holder of the note payable (Creditor Company) decided to make certain concessions to Debtor concerning the note. Specifically, Creditor agreed to accept the land as full settlement of the note and interest. Both parties agreed that the land had a fair market value of $250,000. REQUIRED: Prepare the necessary journal entry(ies) for Debtor Corporation to reflect the land disposal and debt settlement agreement