Eagle Country Club has acquired a lot to construct a clubhouse.Eagle had the following costs related to the construction: 
Determine the cost of the club house to be reported on the balance sheet.
Definitions:
Rent-seeking Activity
Efforts to increase one's share of existing wealth without creating new wealth, often through lobbying or corruption to secure government interventions.
Government Activity
Actions and operations undertaken by the government to fulfill its various roles, such as providing public services, regulating industries, and ensuring economic stability.
Redistribution Income
The transfer of income and wealth from some individuals to others through a social mechanism such as taxation, charity, welfare, public services, or land reform.
Rent-seeking Activity
Actions by individuals or firms to increase their own wealth without creating new wealth or value for society.
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