Carey Company buys land for $50,000$ on $12/31/19.$ As of $3/31/20,$ the land has appreciated in value to $50,900.$ On $12/31/20,$ the land has an appraised value of $51,600.$ By what amount should the Land account be increased in $2020?$

Select one:

a$.1,600$

b$.0$

c$.900$

d$.700$