A company purchased land for $84,000 cash. Commissions of $9,000, property taxes of $9,500, and title insurance of $2,600 were also incurred. The $9,500 in property taxes includes $5,800 in back taxes paid by the company on behalf of the seller and $3,700 due for the current year after the purchase date. For what amount should the company record the land? Multiple Choice O $98,800 $105,100. $84,000 $101,400