Abba Company accounted for noncurrent assets using the revaluation model. On June 30, 2021, the entity classified a land as held for sale.
At that date, the carrying amount was P2,900,000 and the balance of the revaluation surplus was P200,000.
On June 30, 2021, the fair value was estimated at P3,300,000 and the cost of disposal at P200,000.
On December 31, 2021, the fair value was estimated at P3,250,000 and the cost of disposal at P250,000.
What is the adjusted carrying amount of the land on June 30, 2021 and December 31, 2021?