Question: Current Attempt in Progress Nash Inc. owns land that it purchased on January 1 , 2 0 0 5 , for $ 4 0 7

Current Attempt in Progress
Nash Inc. owns land that it purchased on January 1,2005, for $407,900. At December 31,2025, its current value is $721,800 as determined by appraisal. At what amount should Nash report this asset on its December 31,2025, balance sheet?
The company should report the asset at its of $
Current Attempt in Progress Nash Inc. owns land

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