La Bianco Company purchased land for a manufacturing facility for AED1,100,000. The company paid AED70,000 to tear down a building on the land. Salvage was sold for AED10,500. Legal fees of AED6,500 was paid for the investigation and making the purchase. Architect's fees were AED40,500. The insurance cost AED4,500, and liability insurance during construction cost AED13,500. Excavation cost AED12,000. The contractor was paid AED1,357,000. A one -time assessment made by the city for sidewalks was AED7,500. La Bianca installed lighting and signage at a cost of AED11,000. 3. La Bianca should record land improvements of a. AED-0-. b. AED11,000. c. AED18,500. d. AED23,000.