On March 1, 2018, Mitchell Inc. purchased a parcel of land as a factory site for $200,000. An old building on the property was demolished, and construction began on a new building which was completed on November 1, 2018. Costs incurred during this period are listed below:

Demolition of old building..................................................$20,000

Architect's fees...................................................................35,000

Legal fees for title investigation and purchase contract.......5,000

Construction costs...........................................................1,090,000

Salvaged materials from the demolition of the old building were sold for $10,000. Mitchell Inc. should record the cost of the land and new building, respectively, as

	A.	$210,000 and $1,125,000
	B.	$215,000 and $1,125,000
	C.	$210,000 and $1,130,000
	D.	$225,000 and $1,115,000