Knowledge Check

Tri Golf purchased a land parcel for a cash price of $$121,500$ on which to develop a putting range. It paid the following in connection with the purchase, accrued taxes of $$1,300,$ attorney's fees $$1,400,$ real estate broker's commission $$7,400,$ clearing and grading $$3,200,$ cost of fence $$900,$ construction of parking lot $$3,500,$ and underground sprinklers $$1,800.$

What are the total amounts Tri Golf debits to Land and to Land Improvements upon the purchase?

Land

$

Land improvements