In Year 2, the Denim Company bought an acre of land that cost $15,400. In Year 5 , another company purchased a rearby acre of land for $28,400 and is differen company purchased another nearby acre of tand for $26,400. As a result, an appraiser estimated that the acre owned by Denim had increased in value to $27,400. If Denim prepares a balance sheet at the end of Year 5 , the acie of land that it owns should be reported at: Mustiple Choice $26,400 The evoroge of all of the omounts $28.400 $15,400