aber company buys land for $145,000 on 12/31/13. as of 3/31/14, the land has appreciated in value to $152,000. on 12/31/14, the land has an appraised value of $155,400. by what amount should the land account be increased in 2014? a. $0. b. $7,000. c. $3,400. d. $10,400.