On December $31,$ Year $1,$ the end of the first month of operation, the balance sheet of Desir Company reported total assets of $$400,000.$ The following transactions occurred during the month of January Year $2$:

The business purchased land for $$500,000,$ paying $$200,000$ cash and issuing a note payable for the balance.

The business collected accounts receivable totaling $$90,000.$

The business sold land $($which had cost $$100,000)$ for $$120,000$ cash.

The business paid off $$100,000$ of Notes Payable.

What is the amount of the company's total assets on January $31,$ Year $2?$

A$)$ $$920,000$

B$)$ $$620,000$

C$)$ $$910,000$

D$)$ $$730,000$