ABC Company acquired a new piece of land on April 1, 2010 for cash of $200,000. ABC Company reports under IFRS and revalues its land. On December 31, 2015, the fair value of the land is $120,000. On December 31, 2018, the fair value of the land is $350,000. What is the journal entry on April 1, 2010? 200,000 Land a. Cash 200,000 200,000 Land b. Investment in Land 200,000 200,000 Land Revaluation Surplus 200,000 200,000 Cash d. Land 200,000 e. None of these