Use the information for questions 51 and 52 Dotel Company's 12/31/15 balance sheet reports assets of $9,000,000 and liabilities of $3,750,000. All of Dotel's assets' book values approximate their fair value, except for land, which has a fair value that is $600,000 greater than its book value. On 12/31/15, Egbert Corporation paid $9,150,000 to acquire Dotel. Which of the following statement is true for this purchase? none of the above the asset of Dotel be adjusted down by $600,000 the asset of Dotel be adjusted up by $600,000 the asset of Dotel be adjusted up by $900,000