17. Anna Corp. purchased a used machine for $17,500. The machine required installation costs of $7,000 and insurance while in transit of $600. The machine will be insured during its useful life for $400. Which amount should Anna Corp record as the machines actual cost? A) $17,500 B) $25,100 C) $17,600 D) $24,500

18. Laura Corp acquired a property that includes both land and a building for $570,000. The corporation hired an appraiser, Lance, who determined the market value of the land is $300,000 and that of the building is $430,000. At what amount should Laura Corp record the cost of the land? (Round intermediate calculations to two decimal places, and final answer to nearest dollar.) A) $444,600 B) $233,700 C) $285,000 D) $123,000