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A company is considering purchasing a parcel of land that was originally acquired by the seller for $97,000. While the land is currently offered for
A company is considering purchasing a parcel of land that was originally acquired by the seller for $97,000. While the land is currently offered for sale at $174,000, it is considered by the purchaser as easily being worth $164,000 and is finally purchased for $161,000, the land should be recorded in the purchasers books at:
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