Lowell Corporation acquired 80 percent of the outstanding voting stock of Boston, Inc., on January 1, 2020. At the end of 2021, selected figures from the two companies' balance sheets were as follows:

	Lowell			Boston
Inventory	$	250,000		$	101,000
Land		710,000			310,000
Equipment (net)		510,000			410,000

In 2020, Boston sold land costing $41,000 to Lowell for $72,000. On the 2021 consolidated balance sheet, what value should be reported for land?

consolidate land balance?