Hull Company Acquires Land for $92,000 Cash Hull Will Record the Acquisition Cost of the Land as as Follows

Hull Company acquires land for $92,000 cash. Additional costs are as follows: $\begin{array}{lr}\text { Removal of shed } & 300 \\\text { Filling and grading } & 1,500 \\\text { Salvage value of lumber of shed } & 120 \\\text { Broker commission } & 1,530 \\\text { Paving of parking lot } & 10,000 \\\text { Closing costs } & 560\end{array}$ Hull will record the acquisition cost of the land as

A) $92,000.
B) $94,090.
C) $95,990.
D) $95,770.