Answer:
$84,942
Explanation:
Calculation for the asking price of the parcel
Using this formula
Parcel asking price=Acre square feet×Price per square foot
(Note that An acre is 43,560 square feet)
Let plug in the formula
Parcel asking price=43,560 x $1.95
Parcel asking price= $84,942
Therefore the asking price of the parcel will be $84,942
