What amount does sunland record as the cost for the land, Managerial Accounting

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What amount does sunland record as the cost for the land

Problem

Sunland wholesales motor company purchases land for 210000 cash. Sunland assumes 5300 in property taxes due on the land. The title and attorney fees totaled 2400. Sunland has the land graded for 4300. They paid 15000 for paving of a parking lot. What amount does Sunland record as the cost for the land?

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Managerial Accounting: What amount does sunland record as the cost for the land

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