Bachman, Inc plans to develop a shopping center In the first quarter, the following amounts were spent Acquisition of land $ 17 comma 000 Surveys and legal fees 1 comma 100 Land clearing 900 Fencing 8 comma 000 Install lighting and signage 1 comma 860 What amount should be recorded as the cost of the land in the corporation's books

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Bachman, Inc. plans to develop a shopping center. In the first quarter, the following amounts were spent: Acquisition of land $ 17 comma 000 Surveys

Bachman, Inc. plans to develop a shopping center. In the first quarter, the following amounts were spent:

Acquisition of land

$ 17 comma 000

Surveys and legal fees	1 comma 100
Land clearing	900
Fencing	8 comma 000
Install lighting and signage	1 comma 860

What amount should be recorded as the cost of the land in the corporation's books?

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