Land is purchased for $100,000. Back taxes paid by the purchaser were $7,600; total costs to demolish an existing building were $13,000 and the cost to clear the land was $18,000. The cost of paving the parking lot was $8,800. The cost of land is and the cost of land improvements is O A. $120,600; $26,800 OB. $138,600; $8,800 O C. $139,800; $7,600 OD. $147,400; $0