Manitou, Inc

Manitou, Inc. purchased land for $94,000 by signing a note payable for the same amount. Additionally, Manitou paid cash for the following: title insurance of $1,600, a commission of $9,400, $5,000 to remove an unwanted building, $3,400 to level and grade the property, $26,000 for paving, $23,000 to construct a fence around the perimeter, and $5,400 for lighting. The journal entry for the cash payment is:

A) debit land $19,400, debit land improvement $54,400, credit cash $73,800
B) debit land $11,000, debit land improvement $62,800, credit cash $73,800
C) debit land $113,400, debit land improvement $54,400, credit cash $167,800
D) debit land $105,000, debit land improvement $62,800, credit cash $167,800