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Cole Company buys land for $50,000 in 2022. At the end of 2022, the land has be...

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Cole Company buys land for $50,000 in 2022. At the end of 2022,

the land has been valued at $50,500. By the end of 2023, the land has been

valued at $51,800. By what amount should the land account be increased at the

end of 2023?

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