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Five hundred hectares of land are purchased for $120,000. Additional costs include $5,000 real estate commission, $10,000 for removal of an old building, $6,000 for
Five hundred hectares of land are purchased for $120,000. Additional costs include $5,000 real estate commission, $10,000 for removal of an old building, $6,000 for paving, and $800 delinquent property taxes. What is the cost of the land?
A) $141,800
B) $141,000
C) $135,000
D) $135,800
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