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Bachman Company plans to develop a shopping center. In the first quarter, the following amounts were incurred: Acquisition of land $17,000 Surveys and legal fees

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Bachman Company plans to develop a shopping center. In the first quarter, the following amounts were incurred: Acquisition of land $17,000 Surveys and legal fees 900 Land clearing 800 Fencing 9,000 Install lighting and signage 1,760 What amount should be recorded as the cost of the land in the company's books? O A. $26,800 B. $27,700 C. $18,700 D. $20,460

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