Garden State Rejtry inc. plans to develop an apurtment complex at the Jersey shore. In the furst quarter of the year the following amounts wene spent:

Rcou'sition of land $,$$$17,000$

Leesal and attomeys' teos $600$

Land closing

$800$

Fenciris

$5\mathrm{.}000$

Install lighting and sidererolks

$1\mathrm{.}560$

What amount should be recorded as the cost of tho fand in the corporations books?

SIB., $00$

$$\frac{23}{100}$

$$19\mathrm{.}760$

$$22800$