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Greenhouse Nursery _ purchased land for $ 1 0 0 , 0 0 0 , removed a building that cost $ 1 0 , 0

Greenhouse Nursery_purchased land for $100,000, removed a building that cost $10,000, cleared and graded the land at a cost of $7,500, incurred legal fees of $50,000, and installed a parking lot for $6,000 and a fence for $3,500. All items were paid by cash.
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(a) Calculate the cost of the land.
(b) Calculate the cost of the land improvements.
(c) Record the purchase of the land and land improvements.
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