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1) If a parcel of land that was originally acquired for BD85,000 is offered for sale at BD150,000, is assessed for tax purposes at BD95.000,
1) If a parcel of land that was originally acquired for BD85,000 is offered for sale at BD150,000, is assessed for tax purposes at BD95.000, is recognized by its purchasers as easily being worth BD140,000, and is sold for BD137,000, the land should be recorded in the purchaser's books at: A. BD95.000. B. BD137.000. C. BD138.500. D. BD140.000 E. BD150.000
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