Question 5 (1 point) New Age Builders plans to build a custom home. They spent the following accounts: land purchase $70,000, surveys and legal fees $2,800, land clearning $3,000, installing fences around the property $3,100 and installing lighting and signage $400. What amount should be recorded as the land cost? O a $76,200 Ob $75,800 $79,300 Od $78,900