XXX Limited purchased a land for $$150,000$ cash on $1$ October $2001.$On $31$ December $2002,$ the fair value of the land was $$200,000,$ then on $31$ December $2003$ the fair value of the land was $$130,000.$

On $1$ April $2004,$ the land was sold for $$120,000$ by cash.

Required:

Provide the journal entries related to the land.