Tipton Corporation purchases land for $530,000 with a note payable for the same amount. The company also pays cash of $2.000 for a survey fee and $3,900 for broker commissions. The journal entry would be OA. Land 535,900 Notes Payable 535,900 OB Land $30,000 Cash 530,000 OC. Land 535,900 Notes Payable 530,000 Cash 5,900 OD. Land 530,000 Broker & Survey Expense 5,900 Notes Payable 535,900