Land acquired so that it can be resold in the future is listed on the balance sheet as a(n) _______________, but land acquired for use in the operations of a business is listed on the balance sheet as a(n) _______________.

a. current asset, long term asset.

b. long term asset, investment.

c. investment, long-term asset.

d. property, plant, and equipment asset, intangible asset.

e. none of the above