Question: help please Question 18 (3 points) A building with an appraisal value of $156,000 is made available at an offer price of $175,000. The purchaser

help please

help please Question 18 (3 points) A building
Question 18 (3 points) A building with an appraisal value of $156,000 is made available at an offer price of $175,000. The purchaser acquires the property for $40,000 in cash, a 90-day note payable for $54,000, and a mortgage amounting to $85,000. The cost basis recorded in the buyer's accounting records to recognize this purchase is Your Answer:

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