Question 13 Not yet answered Marked out of 1.00 p Flag question Save-the-Rhino plc purchased land on 1 July 20xo at a cost of 300 000. The company applies the revaluation model to land and assessments of fair value take place every two years. On 31 December 20x2 the land was revalued to its fair value of 350 000. On 31 December 20x4 the land was revalued again to its fair value of 400 000, On 31 December 20X6 the land had a value in use of 270 000 and a fair value less costs of disposal of 285 000. The fair value adjustment for the year ended 31 December 20x6 is disclosed as follow: Select one: a. [115 000 as an expense in profit or loss b. 650 000 as decrease in other comprehensive income and 80 000 as an expense in profit or loss c. 50 000 as decrease in other comprehensive income and 65 000 as an expense in profit or loss d. 100 000 as decrease in other comprehensive income and 30 000 as an expense in profit or loss e. 100 000 as decrease in other comprehensive income and E15 000 as an expense in profit or loss