On January 1, 2020, Hancock Co. acquired a land and building for 200,000,000 for potential investment. On January 30, 2020. The Hancock reclassify the asset to PPE. Hancock incurred the following to renovate the building Repairs of flooring Repairs of doors Repaint Labor 1,500,000 400,000 500,000 300,000 On December 31, 2020, Hancock decided to return the asset to investment property with a fair value of 210,000,000 for future lease activity. On January 31, 2021, Hancock leased out the asset to Boa Co. under finance lease for 50 years. The annual payment for lease of 5,000,000. The prevailing interest rate is 10%. As per assessment of independent valuator, the fair value of the asset is 190,000,000 as of December 31, 2021 How much is the carrying amount of Investment Property as of January 1, 2021? 3 points Your answer How much is the carrying amount of Investment Property as of December 31, 2021? 4 points Your answer