Donner Company is selling a piece of land adjacent to its business premises An appraisal reported the market value of the land to be $93,631 The Focus Company initially offered to buy the land for $111,349 The companies settled on a purchase price of $212,000 On the same day, another piece of land on the same block sold for $102,585 Under the cost principle, at what amount should the land be recorded in the accounting records of Focus Company