Multiple Choice Question 58 Crane Company buys land for $162000 in 2021. As of 3/31/22, the land has appreciated in value to $170000. On 12/31/22, the land has an appraised value of $174600. By what amount should the Land account be increased in 2022? $12600 o $0. O $8000. $4600. Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER SAMSUNG Multiple Choice Question 164 On July 1, 2022, Carla Vista Co. sells machinery for $182500. The machinery originally cost $425000, had an estimated 5-year life and an expected salvage value of $100000. The Accumulated Depreciation account had a balance of $227500 on January 1, 2021, using the straight-line method. The gain or loss on disposal is 0 $17500 gain. $-55000 loss. $8750 loss. O $-55000 gain. Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER SAMSUNG