Question: I need help on this question, quick. Thank you! The BASE Company has assets that cost $ 1 2 5 million. The current market value

I need help on this question, quick. Thank you!
The BASE Company has assets that cost $125 million. The current market value of the assets is $175 million. Assuming the company follows the fair value cost principle, the assets will be recorded and reported as assets at
a.$175 million
b.$125 million
c.$25 million
d.$50 million

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