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On July 1, 2021, Larkin Co, purchased a $410,000 tract of land that is intended to be the site of a new office compiex. Larkin

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On July 1, 2021, Larkin Co, purchased a $410,000 tract of land that is intended to be the site of a new office compiex. Larkin incurred additional costs and realized salvage proceeds during 2021 as follows: What would be the balance in the land account as of December 31,2021 ? Multiple Choice $500,400 $410,000 $491.800 5488.000

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