eBook Show Me How Calculator Print Item Cost Concept On February 3, Clairemont Repair Service extended an offer of $360,000 for land that had been priced for sale at $400,000. 0n February 28, Clatremont Repair Service accep ted the seller's counteroffer of $380,000. On October 23, the land was assessed at a Service was offered $450,000 for value of $390,000 for property tax purposes. On January 15 of the next year, Clairemont Repair the land by a national retail chain. At what value should the land be recorded in Clairemont Repair Service's records