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 $20,000 900 300 1,000 14,060 What amount should be recorded as the land improvements cost? OA. $1,200 O B. S2.200 OC. $1,300 O D. $15,060