Q4 ( 1 point) X Ltd. acquired land, building and equipment for $135000. An appraisal valued the land at $86000, the building at $80000 and the equipment at 78000. After the purchase and the appraisal, the equipment was upgraded at a cost of $23000. The upgrade allowed the machine to produce more output and to last longer. How much will the equipment be recorded at? Round your answer to the nearest dollar