Donner Company is selling a plece of land adjacent to its business premises. An appraisal reported the market value of the land to be $96,099. The Focus Company initially offered to buy the land for $109,693. The companies settled on a purchase price of $212,000. On the same day, another piece of land on the same block sold for $102,068. Under the cost principle; at what amount should the land be recorded in the accounting records of Focus Company? a. $102068 b. $96,099 c. $109,693 d. $212.000