Carey Company buys land for $50,000 on 12/31/20. As of 3/31/21, the land has appreciated in value to $50,700. On 12/31/21, the land has an appraised value of $51,800. By what amount should the Land account be increased in 2021?Group of answer choices$1,100$1,800$0$700

At the start of the year the total value of land and building together is Rs. 20,00,000. During the year value of land increases by 30% and the value of the building decreases by 20%. If at the end of the year, the value of land and the building together becomes Rs. 22,00,000, find the value of the land at the start of the year.

A few years ago, Sarah acquired a parcel of land valued at $11,200$11,200. Today, that same parcel of land has a value of $12,096$12,096. Find the percent increase in the property's value. Round your answer to the nearest hundredth, if necessar

A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised at $60,500; the land at $46,200, and the parking lot at $18,300. Land should be recorded in the accounting records with an allocated cost of:Multiple Choice$42,960.$36,960.$0.$46,200.$100,000.

Acme, Inc. bought land and a factory building for $80,000. The land was appraised at $25,000 and the building at $75,000. Using the basket purchase allocation, Acme would record the ______.Multiple choice question.land at $25,000 and the building at $55,000land at $20,000 and the building at $60,000land and building at $80,000land at $25,000 and the building at $75,000land and building at $100,000land at $5,000 and the building at $75,000

Industrial Metals purchases land, building, and equipment together for $1.2 million. The estimated fair values of the land, buildings, and equipment are $500,000, $800,000, and $200,000, respectively. What amount should be recorded in the separate account for the land?Multiple Choice$500,000$650,000$350,000$400,000