On may 20, white repair service extended an offer of $108,000 for land that had been priced for sale at $140,000. on may 30, white repair service accepted the seller's counteroffer of $115,000. on june 20, the land was assessed at a value of $95,000 for property tax purposes. on july 4, white repair service was offered $150,000 for the land by a national retail chain. at what value should the land be recorded in white repair service's records
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