Donner Company is selling a plece of land adjacent to its business premises. An appraisal reported the matket value of the land to be $218,269, The Focus Company initaly offered to buy the land for $178,411. The companies settled on a parchase price of $213,307, On the same day; another piece of fand on the same block sold for \$237,908. Under the cost concept, at what amount should the land be recorded in the accounting records of focus Campany? a. $31,808 b. 3218,260 c. $211.307 d. 317 4!I