i need help

6. Kannon Inc. purchased 600 acres of land for $400,000 in cash. They plan to construct a new warehouse on the site. The land had an old building on it at the time of purchase that was immediately demolished on the purchase date at a cost of $9,000. Kannon sold the salvaged material from the old building for $5,000 in cash. Kannon also incurred the following costs related to the land: - Commissions paid, $8,000 - Title insurance, $3,000 - Land survey, $1,000 - Grading of the land, $7,000 What should be the capitalized cost of the land? A. $428,000 B. $433,000 C. $414,000 D. $423,000 E. $419,000 F. none of the above