Stone Company acquires land for $90,000 cash. Additional costs are as follows: Demolish small building on land 2,500 Filling and grading 1,750 Salvage value of lumber of building 500 Broker commission 1,200 Landscaping (bushes, flowers, etc.) 5,000 Closing costs 900 Hull will record the acquisition cost of the land as a. $90,000. b. $92,500. c. $95,000. d. $95,850