38 of 50 View Policies Current Attempt in Progress -12 Sheffield Corp. purchased land for a new parking lot for $105000. The paving cost $176000 and the lights to illuminate the new parking area cost $56000. Which of the following statements is true with respect to these additions? O $337000 should be debited to the Land account. O $281000 should be debited to the Land account. O $232000 should be debited to Land Improvements. $337000 should be debited to Land Improvements. Save for Later Attempts: 0 of 1 used Submit