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Bachman, Inc. plans to develop a shopping center. In the first quarter, the following amounts were spent: Acquisition of land $16,000 Surveys and legal fees

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Bachman, Inc. plans to develop a shopping center. In the first quarter, the following amounts were spent: Acquisition of land $16,000 Surveys and legal fees 1,100 Land clearing 300 Fencing 6,000 Install lighting and signage 1,660 What amount should be recorded as the cost of the land in the corporation's books? O A. $23,400 OB. $19,060 OC. $22,300 OD. $17.400

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