Parker company paid for the following accounts this year related to the acquisition of land.

purchase price of land - $100,000

property taxes assumed from prior owner -25,000

annual property taxes since date of aquisition- 10,000

title and attorney fees - $7,500

paving a parking lot on the land- 5,500

what ammount should parker company record as the cost of land?

A. $100,000

B. $132,500

C. $138,000

D. $107,500