Ramirez Company Acquires Land for $210,000 Cash Ramirez Will Record the Acquisition Cost of the Land as as Follow

Multiple Choice

Ramirez Company acquires land for $210,000 cash. Additional costs are as follow. $$\begin{array} { l r } \text { Removal of shed } & \$ 2,000 \\\text { Filling and grading } & 6,000 \\\text { Salvage value of lumber of shed } & 1,280 \\\text { Broker commission } & 4,520 \\\text { Paving of parking lot } & 40,000 \\\text { Closing costs } & 3,400\end{array}$$ Ramirez will record the acquisition cost of the land as

A) $224,640.
B) $227,200.
C) $225,920.
D) $210,000.