Sunland Company uses IFRS and owns property, plant and equipment with a historical cost of 5300000 euros. At December 31, 2019, the company reported a valuation reserve of 8560000 euros. At December 31, 2020, the property, plant and equipment was appraised at 5530000 euros. The property, plant and equipment will be reported on the December 31, 2020 statement of financial position at 8560000 euros. 8790000 euros. 5300000 euros. 5530000 euros.