A corporation issued debt to purchase $10$ acres of land for development purposes. Expenditures related to this purchase are as follows:

Desription$/$Amount

Purchase price$$1,000,000$

Real estate taxes in arrears$15,000$Debt issuance costs$2,000$

Attroney fee$-$title search on land$5,000$The company should record its acquisition of the land in its financial statements at a value of

a$)$ $$1,000,000.$b$)$ $$1,015,000.$c$)$ $$1,020,000.$d$)$ $$1,022,000.$

Why is attroney fee included in the cost of land? I thought attroney fee as a sunk cost as one should give attroney fee even if one decides not to purchase land.