In Year 2, the Denim Company bought an acre of land that cost $15,100. In Year 5, another company purchased a nearby acre of land for $28,100 and a different company purchased another nearby acre of land for $26,100. As a result, an appraiser estimated that the acre owned by Denim had increased in value to $27,100. If Denim prepares a balance sheet at the end of Year 5, the acre of land that it owns should be reported at:

$26,100.

The average of all of the amounts.

$28,100.

$15,100.