Answer: $134,000
Explanation:
The value that the land should be recorded in Easy Repair Service records will be $134,000 because it was the counter offer and the price paid by Easy Repair in the acquisition of the land, therefore this should be the value of the land.
The value for the acquisition of land include all expenses that were also involved when buying the land like the legal fees on the land etc but in this scenario, only the $134,000 was provided, hence, that's the answer.
