Looking for answers? Westonci.ca is your go-to Q&A platform, offering quick, trustworthy responses from a community of experts. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

Crane Travel Agency purchased land for $94,600 cash on December 10, 2020. At December 31, 2020, the land's value has increased to $96,300. What amount should be reported for land on Crane's balance sheet at December 31, 2020?
_____ Land Amount $