30. purchased a 3-acre tract of land for a building site for $350,000. The company demolished of $12,000, but was able to sell scrap from the building for $1,500. The cost of tte the old was $900 and attorney fees for reviewing the contract was $500. Property taxes paid were $3,000, of which $250 covered the period after the purchase die. The capitalized cost of the land is: O $366,400 $366150 O $364 650 O $23150 0