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Sunland Company acquires land for $87100 cash. Additional costs are as follows: Removal of shed $ 300 Filling and grading 1400 Salvage value of lumber

Sunland Company acquires land for $87100 cash. Additional costs are as follows: Removal of shed $ 300 Filling and grading 1400 Salvage value of lumber of shed 140 Broker commission 1110 Paving of parking lot 9800 Closing costs Sunland will record the acquisition cost of the land as 540 O $88750. O $96900. O $90590. O $90310

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