A company purchased a three$-$acre tract of land for a building site for $$250,000.$ On the land was a building with an appraised value of $$119,000.$ The company demolished the old building at a cost of $$12,300,$ but was able to sell scrap from the building for $$1,650.$ The cost of title insurance was $$910$ and attorney fees for reviewing the contract were $$460.$ Property taxes paid were $$3,800,$ of which $$240$ covered the period subsequent to the purchase date. The capitalized cost of the land is:

Multiple Choice

A$.$ $$265,580.$

B$.$ $$132,150.$

C$.$ $$267,230.$

D$.$ $$267,470.$