HtetPaing7391 HtetPaing7391 21-12-2022 Business Answered belle company buys land for $50,000 on 12/31/06. as of 3/31/07, the land has appreciated in value to $50,500. on 12/31/06, the land has an appraised value of $51,800. by what amount should the land account be increased in 2007?