Respuesta :
The correct answer is False as the land cannot be recorded at any other price.
As the company purchased the land for $80,000 regardless of what the company believes about the actual worth of land it cannot be recorded at $85,000 because the paper work needs to have the exact paid amount as given because it also acts as a piece of evidence in legal matters and thus only the given amount needs to be recorded because if the forged amounts gets trapped in any of the legal matters strict action will be taken against mason and thus it may also result in the defamation of the company's name hence, only true amount so be added to the paperwork.
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