On May 7, Carpet Barn Company offered to pay $71,840 for land that had a selling price of $90,000. On May 15, Carpet Barn accepted a counteroffer of $84,570. 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 $133,860 for the land by another company. At what value should the land be recorded in Carpet Barn Company's records?