2- Dubai Corporation acquired 100 percent of Sharjah Company's common stock on January 1, 2019. Balance sheet data for the two companies immediately following the acquisition follows:

Item	Dubai Corporation					Sharjah Company
Cash		$	30,000					$	25,000
Accounts Receivable			80,000						40,000
Inventory			150,000						55,000
Land			65,000						40,000
Buildings and Equipment			260,000						160,000
Less: Accumulated Depreciation			(120,000	)					(50,000	)
Investment in Spin Company Stock			150,000
Total Assets		$	615,000					$	270,000
Accounts Payable			$45,000						$33,000
Taxes Payable			20,000						8,000
Bonds Payable			200,000						100,000
Common Stock			50,000						20,000
Retained Earnings			300,000						109,000
Total Liabilities and Stockholders' Equity		$	615,000					$	270,000

At the date of the business combination, the book values of Sharjah's net assets and liabilities approximated fair value except for inventory, which had a fair value of $60,000, and land, which had a fair value of $50,000. The fair value of land for Dubai Corporation was estimated at $80,000 immediately prior to the acquisition.

a) Based on the preceding information, at what amount should total land be reported in the consolidated balance sheet prepared immediately after the business combination?