Question: Question 13 1 pts Pear Company plans to develop a shopping center. The following amounts were spent: Acquisition of land $15,000 Surveys and legal fees

Question 13 1 pts Pear Company plans to develop a shopping center. The following amounts were spent: Acquisition of land $15,000 Surveys and legal fees 1100 Land clearing 400 Fencing 2000 Install lighting and signage 1060 What amount should be recorded as the cost of the land in the company's books? O $17.560 O $16,500 O $17.400 O $18,500

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