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1. Wyoming Real Estate purchased a building for $600,000 in 2006. At the end of...

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Accounting

1. Wyoming Real Estate purchased a building for $600,000 in 2006. At the end of 2018, when it had a book value of $450,000, it was appraised for $1,000,000. A potential buyer offered $900,000. Wyoming rejected the offer. What amount should be recorded on Wyomings records at the end of 2018 in the account called Buildings? a. $1,000,000 b. $900,000 c. $600,000 d. $450,000

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