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Question 14 Wildhorse Co, purchases land for $155000 cash, Wildhorse assumes $4900 in property taxes due on the land. The ttle and attorney fees totaled

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Question 14 Wildhorse Co, purchases land for $155000 cash, Wildhorse assumes $4900 in property taxes due on the land. The ttle and attorney fees totaled $1600. Wildhorse has the land graded for $4200. They paid $1 Bo00 for paving of a parking lot. What amount does Wildhorse record as the cost for the land? O $160800. O $155000, $184700. O $165700

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