On October 10, Cullumber Retail purchased a parking lot for cash of $360000. The cost of the land was $145000. The paving cost $115000 and the lights to illuminate the new parking area cost $40000. Use the following tabular analysis to record the transaction Liabilities Assets Land Land Improvements - Stockholders' Equity Common Retained Earnings Stock Rev. Exp. Div. Cash + + + Oct. 10 Increase Land Improvements and decrease Cash $360000 O Increase Land $145000, increase Land Improvements $155000 and decrease Cash $360000 Increase Land and decrease Cash $360000. Increase Land $260000, increase Land Improvements $40000 and decrease Cash $360000