A building with an appraisal value of $129,883 is made available at an offer price of $155,359. The purchaser acquires the property for $30,594 in cash, a 90-day note payable for $24,041, and a mortgage amounting to $57,445. The cost of the building to be reported on the balance sheet is Oa. $112,080 Ob. $129,883 Oc. $155,359 Od. $124,765

A building with an appraisal value of $129,883 is made available at an offer price of $155,359. The purchaser acquires the property for $30,594 in cash, a 90 -day note payable for $24,041, and a mortoage amounting to $57,445. The cost of the building to be reported on the balance sheet is a. $112.080 b. 5129.883 c. $155.359 d. $124.765