McArthur, Inc. plans to develop a shopping center. In the first quarter, the following amounts were spent Acquisition of land Surveys and legal fees Land clearing Fencing Install lighting and signage $17,000 1,200 700 2000 18,060 What amount should be recorded as the land improvements cost? OA. $2,700 O B. $20,060 OC. S3.900 O D $1.900