On June 25, Snap Repair Service extended an offer of $93,000 for land that had been priced for sale at $106,000. On July 9, Snap Repair Service accepted the seller's counteroffer of $101,000. On October 1, the land was assessed at a value of $152,000 for property tax purposes. On December 22, Snap Repair Service was offered $162,000 for the land by a national retail chain. At what value should the land be recorded in Snap Repair Service's records?

Analyzing operational changes operating results for department b of delta company during 2016 are as follows: sales $540,000 cost of goods sold 378,000 gross profit 162,000 direct expenses 120,000 common expenses 66,000 total expenses 186,000 net loss $(24,000) suppose that department b could increase physical volume of product sold by 10% if it spent an additional $18,000 on advertising while leaving selling prices unchanged. what effect would this have on the department's net income or net loss? (ignore income tax in your calculations.) use a negative sign to indicate a net loss answer; otherwise do not use negative signs with your answers. sales $answer cost of goods sold answer gross profit answer direct expenses answer common expenses answer total expenses answer net income (loss) $answer