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Pharaoh travel agency purchased land for 95,000 cash on December 10,2020. At December 31,2020, the land value has increased to 96,700. What amount should be

Pharaoh travel agency purchased land for 95,000 cash on December 10,2020. At December 31,2020, the land value has increased to 96,700. What amount should be reported for land in Pharaoh's balance sheet at December 31,2020

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