Question 11 A company incurred the following costs associated with the purchase of a piece of land that it will use to rebuild an office building Purchase price of the Innd Sale of salvaged parts from old building Demolition of the old building Fences built on land Land preparation and leveling What amount should be recorded for the purchase of the land? A. 5419,000 400.000 S2000 10.000 5 300 5 1,500 OB.5417,500 C. 50 OD 5437,500