If a company is considering the purchase of a parcel of land that was acquired by the seller for $102,000 is offered for sale at $184,000, is assessed for tax purposes at $112,000, is considered by the purchaser as easily being worth $174,000, and is purchased for $171,000, the land should be recorded in the purchaser's books at:

A. 112,000

B. 171,000

C. 172,500

D. 174,000

E. 184,000