Ignoring some notable exceptions, assets are valued on the balance sheet at " x " minus accumulated depreciation. What is " x "? value designated by a certified appraiser purchase price company's current estimated value Question 4 Company XYZ purchased a plot of land in 1960 in San Francisco. Today, they still own the land. The estimated market value of the land has increased by 4x. On the balance sheet, what does the dollar value of the land represent? the estimated value to the business the original purchase price minus accumulated depreciation the current estimated market value the original purchase price