Sheridan Company purchases land for $130000 cash. Sheridan assumes $5000 in property taxes due on the land. The title and attorney fees totaled $3200. Sheridan has the land graded for $4400. They paid $24000 for paving of a parking lot. What amount does Sheridan record as the cost for the land? O $137600. O $142600. O $166600. O $130000