Property including buildings was acquired for £840,000. 75% of the cost was assumed to relate to the building which was depreciated using the straight-line method and assuming a useful life of 50 years. On 1 January 2011, on completion of 28 years of useful life, the property was revalued at £1,200,000. 25% of the value may be assumed to relate to land. How much of the revaluation gain is realised in 2011?

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al £622,800 b £32,400 с c| £16,364 d| £28,309