Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $2,660,000. Harding paid $805,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $851,000; Building, $2,530,000 and Equipment, $1,679,000. What value will be reported for the land on the balance sheet?