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Pear Company plans to develop a shopping center. The following amounts were spent: Acquisition of land $17,000 Surveys and legal fees 800 Land clearing 1200

Pear Company plans to develop a shopping center. The following amounts were spent:

Acquisition of land $17,000
Surveys and legal fees 800
Land clearing 1200
Fencing 8000
Install lighting and signage 1860

What amount should be recorded as the cost of the land in the company's books?

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