Bachman Company plans to develop a shopping center. In the first quarter, the following amounts were spent: 600 Acquisition of land $19,000 Surveys and legal fees Land clearing 900 Fencing 6,000 Install lighting and signage 1,760 What amount should be recorded as the cost of the land in the company's books? O A. $26,500 OB. $25,900 O c. $20,500 OD. $22,260