Assume Walmart acquires a tract of land on January 1, 2009, for $100,000 cash. On December 31, 2009, the current market value of the land is $150,000. On December 31, 2010, the current market value of the land is $120,000. The firm sells the land on December 31, 2011, for $180,000 cash. Ignore income taxes. Indicate the effect on the balance sheet and income statement of the preceding information for 2009, 2010, and 2011 under each of the following valuation methods (parts a-c). If no records are needed, simply write "No Records Needed" 1). Valuation of the land at acquisition cost until sale of the land (Approach 1) 2) Valuation of the land at current market value but including unrealized gains and losses inaccumulated other comprehensive income until sale of the land (Approach 2) 3) Valuation of the land at current market value and including market value changes each year in net income (Approach 3).