market value?

8. Lucky Lee, a video-game store in New York city, purchases a game machine directly from Taiwan for $30,000. In the U.S., the same machine will probably cost at least $36,000. Pick the most appropriate accounting action for Lucky Lee:

Record the machine at $36,000

Record the machine at $30,000

Record the machine for [($30,000+$36,000)/2] = $33,000

Have the machine examined by an independent appraiser and record it at the appraised value