D Question 7 3 pts XY Company purchased land on January 1, 2021, that cost $200,000. The Company decides to report the land at fair value in subsequent periods, on December 31, 2021, an appraisal of the land indicates that its fair value is E325,000. In addition, the land's fair value on December 31, 2022, decrease to E195,000. The balance of revaluation Surplus December 31, 2022, O Dr. E125000 Dr. E130000 O Dr. 65000 O Cr. E130000 O Cr. E125000