On January 6,2012,the Eldorado Corporation Purchased a Tract of Land

On January 6,2012,the Eldorado Corporation purchased a tract of land for a factory site for $500,000.An existing building on the site was demolished and the new factory was completed on October 11,2012.Additional cost data are shown below: Which of the following correctly states the cost that should be recorded for (a) the land and (b) the new building?

A) $501,500/$819,200
B) $511,700/$809,000
C) $520,700/$800,000
D) $555,700/$809,000