1. Surround Sound, LLC owned land originally costing $33,000. A real estate agent appraised the land and stated that it is now worth $38,000. Surround Sound, LLC should

A) increase the land account by $5,000 and increase the capital stock account by $5,000.

B) increase the land account by $5,000 and increase the cash account by $5,000.

C) increase the land account by $5,000 and increase the paid-in capital in excess of par account by $5,000

. D) There is no effect from the increase in the value of the land on the accounts of Surround Sound, LLC.

E) increase the land account and the investment account.