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Marigold Company acquires land for $86600 cash. Additional costs are as follows: $ 310 1600 160 Removal of shed Filling and grading Salvage value of

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Marigold Company acquires land for $86600 cash. Additional costs are as follows: $ 310 1600 160 Removal of shed Filling and grading Salvage value of lumber of shed Broker commission Paving of parking lot Closing costs 1130 10400 600 Marigold will record the acquisition cost of the land as $90080. $90400. O $88330. O $97000

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