Austin Land company sold land for 58,470 in cash Land was originally purchase for $33590. At the time of sale $13,050 was still owed. After sale, austin land company paid off the loan. Is the asset the total current value of 58470 or the original purchase price of 33590?

I think I need to find the difference between amount of origin and sale, and then subtract liabilities and end up with an increase of $12,830