On August 1, Harvey Company offered to pay $13,500 for equipment that was advertised as being sold for $19,300 by Carrone Company. The equipment had a retail value of $23,200 on that day. On August 10, Carrone Company offered to sell the equipment for $15,200, and Harvey Company agreed to buy at that price. At what value will Harvey Company record the equipment on the books?

a.$15,200 b.$13,500 c.$19,300 d.$23,200