Savings Mart is a national retail chain. To entice the company to open a mega store in its jurisdiction, the city of Populationville donated a $20-$acre tract of land to be used for construction. The land was originally purchased by the city for $$286,000$ three years ago. The appraisal value at the time of the donation was $$336,000.$ For what amount should Savings Mart record the donated land?

Multiple Choice

$$ $$336,000$

$$ $$311,000$

$$ $$286,000$

$$ $$0$; Donated assets are not recorded.