[GNC] Another "multi-account" logical issue - any advice on how to register this?

[Chris Miller]

   Hi David,
   If I bought a guitar for $500 and then spent $300 to have it shipped to
   me, I would most definitely want that recorded as an $800 guitar, so I
   would not mistakenly sell it to somebody who offered me $700 because it
   looked like a $200 profit.
   The book value of an asset is as the FASB says. It includes all the
   costs to procure and deploy an asset. There is a reason for that.
   Chris.
   Laboriously sent to you from my ... do you really care?