Assets of Argus Ltd include a plot of land purchased in 20X0 for $260 000. On 31 December 20X2 Argus became a subsidiary of Cyclops Ltd. The lands fair value at the following dates: 31 December 20X2 $250,000 31 December 20X3 $270,000 31 December 20X6 $290,000 31 December 20X8 $360,000 Argus Ltd Applies the cost model. What is the correct consolidation data adjustment entry for 31 December 20X8? Select one: A. Accounts Debit $ Credit $ Land 110,000 Fair value reserve 110,000 B. Accounts Debit $ Credit $ Land 100,000 Fair value reserve 100,000 C. Accounts Debit $ Credit $ Land 100,000 Fair value reserve 10,000 Asset revaluation reserve 110,000 D. Accounts Debit $ Credit $ Land 100,000 Asset revaluation reserve 100,000