Tipton Corporation purchases land for $569,000 with a note payable for the same amount. The company also pays cash of $2,500 for a survey fee and $3,800 for broker commissions. The journal entry would be:

A)

Land	566,300
Notes Payable		566,300

B)

Land	560,000
Cash		560,000

C)

Land	566,300
Notes Payable		560,000
Cash		6,300

D)

Land	560,000
Broker & Survey Expense	6,300
Notes Payable		566,300