Arthur,Inc What Amount Should Be Recorded as the Land Improvement Cost

Arthur,Inc.plans to develop a shopping center.In the first quarter,the following amounts were spent: $$\begin{array} { | l | r | } \hline \text { Acquisition of land } & \$ 23,000 \\\hline \text { Surveys and legal fees } & 1,400 \\\hline \text { Land clearing } & 1,100 \\\hline \text { Fencing } & 8,000 \\\hline \text { Install lighting and signage } & 11,060 \\\hline\end{array}$$ What amount should be recorded as the land improvement cost?

A) $9,100
B) $10,500
C) $19,060
D) $2,500