Land is purchased for $300,000. Back taxes paid by the purchaser were 56,800; total costs to demolish an existing building were $16,000 and the cost to dear the land was $19,000. The cost of paving the parking lot was $8,600. The cost of land is and the cost of land improvements is O A $365, 400:50 O B. $341,800, $8,600 C. $343,600,$6,800 OD. $322,800, $27.600