Tiber Corp. purchased land for $74,000. Additionally, Tiber paid title insurance of $200, a commission of $7,100, and back taxes due in the amount of $4,000. To ready the land for construction, Tiber paid $7,000 to remove an unwanted building. $2,000 to level and grade the property and $12,000 for paving. The cost of the company's land isand the land improvements are OA. $92,300: $19,000 . s94.300 s12.000 OC. S74. 000:532.300 O D. $85,300; $21,000 A new vehicle was purchased on January 1 for $44,000 It has a salvage value of $9,000 and a useful life of 6 years. To the nearest dollar, how much will the depreciation expense for the vehicle be for the first year using the straight - line method? (Round the final answer to the nearest dollar.) O A. $7,333 O B. S486 OC. $5,833 D. $611