Consecutive balance sheets of Crow Ltd showed the following balances: 30 June 2019 30 June 2018 Land $650 000 $400 000 Asset revaluation reserve $120 000 Borrowings $270 000 $300 000 During the year ended 30 June 2019, land was revalued upwards by $120 000, and $80 000 was borrowed to acquire land. What was the value of land purchased for cash? Select one: O a. $170 000 O b. $50 000 O c. $130 000 d. None of these options