6 During 2016, Burr Co made the following expenditures related to the acquisition of land and the construction of a building $ 60,000 2 points Purchase price of land Legal fees for contracts to purchase land Architects' fees Demolition of old building on site Sale of scrap from old building Construction cost of new building (fully completed) ook 2000 8,000 5,000 3,000 350,000 Rrences What amounts should be recorded as the initial values of the land and the building? Land Building Multiple Choice 6 What should be recorded as the soft and the building? Land Builaas| Me Choice 100.000 50000 160.000 $64.000 $350.000 365.000 5352.000 Me G