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Oksana_A [137]
3 years ago
6

According to the cost principle, land that was originally acquired for $85,000 is offered for sale at $150,000, is assessed for

tax purposes at $95,000, is recognized by its purchasers as easily being worth $140,000, and is sold for $137,000, the land should be recorded in the purchaser's books at?
Mathematics
2 answers:
Anit [1.1K]3 years ago
6 0
Pretty sure thats the answer $137,000
SVETLANKA909090 [29]3 years ago
5 0
<span>$137000 is the answer

</span>
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Arada [10]

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Step-by-step explanation:

To simplify and solve this, let's use the quadratic formula.

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ax^2+bx+c=0

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<u />

<u>Answer:</u>

x = 4 or x = -3/2

7 0
2 years ago
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