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Johnson Corporation. plans to develop a shopping center. In the first quarter, they spent the following amounts: Acquisition of land $15,000 Surveys and legal fees

Johnson Corporation. plans to develop a shopping center. In the first quarter, they spent the following amounts:

Acquisition of land $15,000
Surveys and legal fees 600
Land clearing 200
Fencing 1,200
Install lighting and signage 940

What amount should be recorded as the land improvements cost?

$800

$2,140

$1,200

$2,800

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