Anderson Corporation has purchased a group of assets for $20,300. The assets and their relative market values are listed below. Land $6800 Equipment 2300 Building 3600 Which of the following amounts would be debited to the Land account? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar) Select one: A $3654 B. 55684 C510,962 D. $4233 McArthur, Inc. plans to develop a shopping center. In the first quarter, the following amounts were spent: Acquisition of land $19,000 Surveys and legal fees 900 Land clearing 1100 Fencing 2000 install lighting and signage 14,060 What amount should be recorded as the land improvements cost? Select one: A. $4000 B. $2000 C. $3100 D. $16,060 On January 1, 2019, French Company issued $74,000 of five-year, 8% bonds when the market interest rate was 12%. The issue price of the bonds was $62,000. French uses the effective-interest method of amortization for bond discount. Semiannual interest payments are made on June 30 and December 31 of each year. How much interest expense will be recorded when the first interest payment is made? (Round your answer to the nearest dollar number) Select one: A $2960 B. $3720 C54440 D. $2480