The historical cost principle requires that if a company buys a building for $2,000,000 in 2015 that increases in value to $2,900,000 in 2017, the company will have to report the building at $2,000,000 in the balance sheet for 2017 The historical cost principle requires that if a company buys a building for $2,000,000 in 2015 that increases in value to $2,900.000 in 2017, the company will have to report the building at $2,000,000 in the balance sheet for 2017. True O False