$$nowledge Check

Tri Golf purchased a land parcel for a cash price of $$120,000$ on which to develop a putting range. It paid the following in connection with the purchase, accrued taxes of $$1,300,$ attorney's fees $$1,200,$ real estate broker's commission $$6,000,$ clearing and grading $$3,000,$ cost of fence $$600,$ construction of parking lot $$3,000,$ and underground sprinklers $$1,200.$

What are the total amounts Tri Golf debits to Land and to Land Improvements upon the purchase?

Land

$

Land improvements

$