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TIL UT Investments 58,050 alwe ware Muired for socou Belgrade Lakes Properties is developing a golf course subdivision that includes 225 home Tots; 100 lots

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TIL UT Investments 58,050 alwe ware Muired for socou Belgrade Lakes Properties is developing a golf course subdivision that includes 225 home Tots; 100 lots are golf course lots and will sell for $95.000 each: 125 are street frontage lots and will sell for $65,000. The developer acquired the land for $1,800,000 and spent another $1,400,000 on street and utilities improvement Compute the amount of joint cost to be allocated to the golf course lots using value basis A. $1,724,800. B. $1,777,920. C. $2,018,920. D. $1,422,080 E,S1,475,200

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