Question 38 2 pts Givens Retail purchased land for a new parking lot for $125,000. The paving cost $175,000 and the lights to illuminate the new parking area cost $60.000. Which of the following statements is true with respect to these additions? O $360,000 should be debited to Land Improvements. O $235,000 should be debited to Land Improvements $360,000 should be debited to the Land account. O $300.000 should be debited to the Land account.