TB MC Qu$.01-80($Static$)$ If a company is considering the...

If a company is considering the purchase of a parcel of land that was originally acquired by the seller for $$85,000,$ is currently offered for sale at $$150,000,$ is considered by the

purchaser as easily being worth $$140,000,$ and is finally purchased for $$137,000,$ the land should be recorded in the purchaser's books at

Multiple Choice

$$95,000$

$$137,000$

$$138,500.$

$$140,000.$

$$150,000.$