B Company is selling a piece of land adjacent to its business. An appraisal reported the market value of the land to be $120,000. D Company initially offered to buy the land for $107,000. The companies settled on a purchase price of $115,000. On the same day, another piece of land on the same block sold for $122,000. What amount will be used to record this transaction in the accounting records? Explain the acocunting principle(s) or assumption(s) you use