$92.200 $100,00 $104.200 Question 8 1 pts The Company purchased a building and land for $600,000 on June 14, 2017. If the assets had been purchased separately, the company would have pod $350,000 for the building and $300,000 for the land. For what amount will the building be recorded? O $23.000 5600,000 O $350,000 O $277,000 1 pts Question 9 On October 15, Merrill Company issued 500 shares of its stock for $3 per share on December 10, Merrill Company repurchased 200 of those shares in the market for $5 per share. How would the October 15 transaction affect the accounting equation! Decrease cash by with no effect on stockholders equity Increase cash by $1.500 with no effect on stockholders' equity O Decrease cash by $600 and decrease stockholders' equity by 5.600. Increase cash by $1.500 and increase stockholders' equilty by $1.500