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Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $2,090,000. Harding paid $595,000 and issued a note payable for

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Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $2,090,000. Harding paid $595,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $629,000; Building. $1,870,000 and Equipment, $1,241,000 What value will be reported for the land on the balance sheet? Note: Round intermediate percentage values to a whole percentage. Muliple Choice 5635,800 $1,870,000 $1,234,200 $355300

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