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Bachman Company plans to develop a shopping center. In the first quarter, the following amounts...

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Accounting

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Bachman Company plans to develop a shopping center. In the first quarter, the following amounts were spent: Acquisition of land Surveys and legal fees Land clearing Fencing Install lighting and signage $24,000 1,500 300 4,000 1,660 What amount should be recorded as the cost of the land in the company's books? O A. $27,460 B. $28,300 OC. $29,800 OD, $25,800

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