Kramer Manufacturing Company purchased land adjacent to its factory for the installation of a holding area for equipment. Expenditures by the company were as follows: purchase price, $132,000; paving, $4,200; title search and other fees, $650; grading, $3,900; demolition of a shack on the property,

$3,800; lighting, $11,200; signs, $1,950; broker’s fees, $9,240; landscaping,

$8,000. Determine the amount that should be debited to the Land account.