9. Shidan Apartments purchased an apartment building to rent to university students on November 18, 2018. The following costs were incurred during 2018, before the tenants moved in: Purchase price of the building $220,000 Purchase price of the land 100,000 Transfer taxes 10,000 Interest incurred on the mortgage loan to purchase 4,000 Attorney and real estate agent's fees 15,000 Repave the parking lot 6,000 How much will Shidan Apartments record as an asset? a. $320,000 b. $345,000 c. $351,000 d. $355,000