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A company is considering purchasing a parcel of land that was originally acquired by the...

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Accounting

A company is considering purchasing a parcel of land that was originally acquired by the seller for $86,000. While the land is currently offered for sale at $152,000, it is considered by the purchaser as easily being worth $142,000, and is finally purchased for $139,000, the land should be recorded in the purchasers books at:

a) 96,000

b) 139,000

c)140,500

d) 142,000

e) 152,000

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