Holly Day Company Purchased a Piece of Land 10 Years

Holly Day Company purchased a piece of land 10 years ago for $50,000.Holly Day Company is considering selling the land.The piece of land was recently appraised for $120,000,they received an offer from a prospective buyer for $105,000,and a similar piece of land 5 block away recently sold for $113,000.How much should Holly Day Company report on its balance sheet for the piece of land?

A) $120,000
B) $50,000
C) $113,000
D) $105,000