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On May 7. Carpet Barn Company offered to pay 571,700 for land that had a selling price of $90,000. On May 15, Carpet Barn accepted

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On May 7. Carpet Barn Company offered to pay 571,700 for land that had a selling price of $90,000. On May 15, Carpet Barn accepted a counteroffer of $83,740. On June 5, the land was assessed at a value of $100,000 for property tax purposes. On December 10, Carpet Barn Company was offered $127,130 for the land by another company. At what value should the land be recorded in Carpet Barn Company's records? X Assigrmittakes igumentando mokretakchenteamcorpergeserta 1 2 On May 7, Carpet am Company offered to pay 7700 for and that deling of $90,000 na Capo counterfforo 563,740. One the land was a 100.000 for property tax on 10 Car Bam Company was offered 127 130 for the land by another com twists should the land berec Carpet Company's records G

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