Question: Saved Help Save & Exit Submi If a company is considering the purchase of a parcel of land that was acquired by the seller for

Saved Help Save & Exit Submi If a company is considering the purchase of a parcel of land that was acquired by the seller for $87,000 is offered for sale at $154,000, is assessed for tax purposes at $97,000, is considered by the purchaser as easily being worth $144,000, and is purchased for $141,000, the land should be recorded in the purchaser's books at

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