uilding with an appraisal value of $132,267 is made available at an offer price of $150,899. The purchaser acquires the property for $30,468 in cash, a 90-day note payable for 1,925, and a mortgage amounting to $53,660. The cost basis recorded in the buyer's accounting records to recognize this purchase is $132,267 $120431 $109,053 d. $150.099