Pumpkin Company is going through bankruptcy reorganization. It has a $255,000 note payable incurred prior to the order for relief. The company believes that the note will be settled for $71,000 in cash. It is also possible that the creditor will instead take a piece of land that cost the company $61,000 but is valued at $83,000. On a balance sheet prepared during the reorganization period, how will this debt be reported?