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Business, 18.02.2020 22:03 diamoniquepowel

On June 25, Easy Repair Service extended an offer of $150,000 for land that had been priced for sale at $171,000. On July 9, Easy Repair Service accepted the seller's counteroffer of $163,000. On October 1, the land was assessed at a value of $245,000 for property tax purposes. On December 22, Easy Repair Service was offered $261,000 for the land by a national retail chain. At what value should the land be recorded in Easy Repair Service's records?

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On June 25, Easy Repair Service extended an offer of $150,000 for land that had been priced for sale...
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