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BuildCo acquires land for $185,000 cash. Additional costs are as follows. Removal of old hanger $ 2,200 Filling and grading to flatten land for building

BuildCo acquires land for $185,000 cash. Additional costs are as follows.

Removal of old hanger $ 2,200

Filling and grading to flatten land for building 3,500

Salvage value of lumber of hanger 1,200

Broker commission 1,130

Road improvement 25,000

Closing costs 560

What is the amount that BuildCo will record the acquisition cost of the land as?

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