plz help me

On June 25, Obermayer Repair Service extended an offer of $170,000 for land that had been priced for sale at $194,000. On July 9 , Cbermayer Repair Service accepted the seller's counteroffer of $185,000. On October 1 , the land was assessed at a value of $278,000 for property tax purposes. On December 22 ; Obermayer Repair Service was offered $296,000 for the land by a national retail chain. At what value should the land be recorded in obermayer Repair Service's records