Help Save & A company purchased land for $94,000 cash. Commissions of $14,000, property...

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A company purchased land for $94,000 cash. Commissions of $14,000, property taxes of $14,500, and title insurance of $4,600 were also incurred. The $14,500 in property taxes includes $7,800 in back taxes paid by the company on behalf of the seller and $6,700 due for the current year after the purchase date. For what amount should the company record the land?
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$94,000
$115,800
$120,400
$127,100
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