Hull Company Acquires Land for $86,000 Cash Hull Will Record the Acquisition Cost of the Land as as Follows

Hull Company acquires land for $86,000 cash. Additional costs are as follows: $$\begin{array} { l r } \text { Removal of shed } & \$ 300 \\\text { Filling and grading } & 1,500 \\\text { Salvage value of lumber of shed } & 120 \\\text { Broker commission } & 1,130 \\\text { Paving of parking lot } & 10,000 \\\text { Closing costs } & 560\end{array}$$ Hull will record the acquisition cost of the land as

A) $96,000.
B) $87,690.
C) $89,610.
D) $89,370.