O 0 of 25 Concepts completed Multiple Choice Question Alin Co. purchases a building for $300,000 and pays an additional $30,000 for closing costs (brokerage, title, attomey fees). Alin also pays $20,000 in renovations, including painting, carpet, lighting, etc. Alin should record the cost of the building at O $350,000 O $300,000. O $320,000, O $330,000 Need help? Review these concept resources. Read About the Concept