Identify the accounting concept, assumption, or principle that best applies to each of the following situations. a. b. C. d. Inflation has been abound 2.5% for some time. Village Realtors is considering measuring its land values in inflation-adjusted amounts You get an especially good buy on a laptop, paying only $300 when it normally costs $800. What is your accounting value for this laptop? Burger King, the restaurant chain, sold a store location to McDonald's How can Burger King determine the sale price of the store-by a professional an from the sale? General Motors wants to determine which division of the company Ch rolet or Cadillac-is more profitable CELED a. Inflation has been about 2.5% for some time Village Realtors is considering measuring its land values in inflation-adjusted amounts b. You get an especially good buy on a laptop paying only $300 when it normally costs $800 What is your accounting value for this laptop? c. Burger King, the restaurant chain, sold a store location to McDonald's How can Burger King determine the sale price of the store-by a professional appraisal, B the sale? d. General Motors wants to determine which division of the company-Chevrolet or Cadillac-is more profitable S: lues in inflation-adjusted amounts. your accounting value for this laptop? ermine the sale price of the store-by a professional appraisal, Burger King's original cost, or the amount actually received pre profitable. in inflation-adjusted amounts. our accounting value for this laptop? ine the sale price of the store-by a professional appraisal. Burger King original cost, or the amount actually received from e profitable