Abuilding with an appraisal value of $154,000 is made available at an offer price of $172,000. the purchaser acquires the property for $40,000 in cash, a 90-day note payable for $45,000, and a mortgage amounting to $75,000. the cost basis recorded in the buyer's accounting records to recognize this purchase isa. 154,000

b. 172,000

c. 160,000

d. 120,000

Option (C) 160,000

Explanation:

Data provided in the question:

Appraisal value = $154,000

Offer price = $172,000

Cash = $40,000

Note payable = $45,000

Mortgage amount = $75,000

Now,

Cost basis recorded in the buyer's accounting records to recognize this purchase will be

=  Cash + Note payable + Mortgage amount

= $40,000 + $45,000 + $75,000

= $160,000

Hence,

Option (C) 160,000

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the correct answer option is b. a single paragraph.

explanation:

when you are thinking about paragraph​ topics, you should always choose a subject that can be adequately addressed in a single paragraph.

a paragraph is a piece of writing consisting of a few sentences that deal with a single theme. it has only a single idea that the paragraph revolves around and talks about.

so a paragraph topic must be chosen wisely where a single idea can be communicated in a single paragraph.