Sampson Company purchased land in 2015 for $265,000. In 2020, it purchased a nearly identical parcel of land for $388,00,000. In its 2020 balance sheet, Sampson valued these two parcels of land at a combined value of $776,000. By reporting the land in this manner, Sampson Company has violated the

Group of answer choices

A. convergence

B. cost principle

C. monetary unit assumption

D. business entity assumption