Question 8 Not yet answered Marked out of 1.00 Consecutive balance sheets of Crow Ltd showed the following balances: 30 June 2019 30 June 2018 Land $850 000 $500 000 Asset revaluation surplus $150 000 During the year ended 30 June 2019, land was revalued upwards by $150 000 and $120 000 was borrowed to acquire land. What was the value of land purchased for cash? Flag question Select one: O a $270 000 O b. $200 000 O c. $80 000 O d. $355 000 O e. $350 000