9. On October 17, ORANGE Company issued 15,000 shares of its 100 par ordinary share in acquiring a land that has a fair value of 1,700,000 during that date. The ordinary share is actively selling at 120 per share. On December 31, the land has a fair value of 2,100,000. At what amount should the Land be recorded in the books of Orange?*

A) 2,100,000

B) 1,500,000

C) 1,800,000

D) 1,700,000