A building with an appraisal value of $126,112 is made available at an offer price of $155,827. The purchaser acquires the property for $39,712 in cash, a 90-day note payable for $24,525, and a mortgage amounting to $56,894. The cost basis recorded in the buyer's accounting records to recognize this purchase is a.$116,115 b.$126,112 c.$121,131 d.$155,827
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