A company paid $150,000, plus a 6% commission and $4,000 in closing costs for a property. The property included land appraised at $87,500, land improvements appraised at $35,000, and a building appraised at $52,500. What should be the allocation of this property's costs in the company's accounting records?

18) A company paid $150,000, plus a 6% commission and $4,000 in closing costs for a property. The property included land appraised at $87,500, land improvements appraised at $35,000, and a building appraised at $52,500. What should be the allocation of this property's costs in the company's accounting records? A. Land $75,000; Land Improvements, $30,000; Building, $45,000 B. Land $75,000; Land Improvements, $30,800; Building, $46,200. C. Land $81,500; Land Improvements, $32,600; Building, S48,900. D. Land $79,500; Land Improvements, $32,600; Building, $47,700. E. Land $87,500; Land Improvements: $35,000; Building; $52,500. Jx LES F6 F7 PrtScn F8 Home F9 A $ 4. & % 5 ( 6 7 8 9 R T Y U I C G HJ K V B M