D Question 18 A company incurred the following costs associated with the purchase of a piece of land that it will use to re-build an office building: Purchase price of the land Sale of salvaged parts already on land Demolition of the old building Ground-breaking ceremony (food and supplies) Land preparation and leveling What amount should be recorded for the purchase of the land? O $419,000. O $437,500. O $439,000. O $417,500. $400,000 $ 20,000 $ 30,000 $ 1,500 $ 7,500