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

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Bachman, Inc. plans to develop a shopping center. In the first quarter, the following amounts were spent: Acquisition of land Surveys and legal fees Land clearing Fencing Install lighting and signage $23,000 1,500 400 7,000 1,860 What amount should be recorded as the cost of the land in the corporation's books? OA. $24,900 O B. $31,900 O c. $30,400 O D. $26,760

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