On June 25, Tin Roofing extended an offer of $114,000 for land that had been priced for sale at $130,000. On July 9, Tin Roofing accepted the seller's counteroffer of $124,000. On October 1, the land was assessed at a value of $186,000 for property tax purposes. On December 22, Tin Roofing was offered $198,000 for the land by a national retail chain. At what value should the land be recorded in Tin Roofing's records? fill in the blank 1 of 1$