Sunland Company purchased land for $114300 with the intentions of constructing a new operating facility. The land purchase included a dilapidated building that was removed at a cost of $16400. The only salvage value from this old building was some materials which were sold for proceeds of $3800 Sunland had paid surveying costs of $2200 and legal fees related to land transfer of $6100. The new building was quickly constructed at a total cost of $421600. Permits on the construction of this new facility totalled $18000. Insurance premiums of $8900 are paid annually. The production manager is currently on-site facilitating the production startup. This manager is an annual salary of $84000 What capital cost is assumed to the land! $135200 $122600 O $114300 $126900