On October 10, Wildhorse Retail purchased a parking lot for cash of $350000, The cost of the land was 5160000. The purving cost $125000 and the lights to illuminate the new parking area cost $40000. Use the following tabular analysis to record the transaction. Liabilities - Assets Land + Land Improvements - Stockholders' Equity Common Retained Earnings Stock Rev. Exp. - Div. Cash Oct. 10 O Increase Land $285000, increase Land improvements $40000 and decrease Cash $350000, Increase Land $160000, increase Land Improvements $165.000 and decrease Cath 5350000 Increase Land Improvements and decrease Cash $350000 Increase Land and decrease Cash $350000