A Company Purchased Land for $94000 Cash

A company purchased land for $94000 cash.Real estate brokers' commission was $5000 and $7000 was spent for demolishing an old building on the land before construction of a new building could start.Proceeds from the salvage of the demolished building was $1200.Under the historical cost principle the cost of land would be recorded at

A) $104800.
B) $94000.
C) $99800.
D) $106000.