$3\mathrm{.}1$ ?Financial Reporting Concepts

A company purchased a building for $$20$ ?million and owned it for $5$ ?years. During that time, the building was valued at a high of $$25$ ?million and a low of $$22$ ?million. What is the highest possible value this asset could have in the accounting records of this company?

$$21$ ?million

$$20$ ?million

$$25$ ?million.

$$22$ ?million