Ayayai Corp. acquired a property on September $15,2023,$ for $$220,000,$ paying $$3,000$ in transfer taxes and a

$$1,500$ real estate fee. Based on the provincial assessment information, $75\%$ of the property's value was related to

the building and $25\%$ to the land. It is estimated that the building, with proper maintenance, will last for $20$ years,

at which time it will be torn down and have zero salvage value. Ayayai, however, expects to use it for $10$ years only,

as it is not expected to suit the company's purposes after that. The company should be able to sell the property for

$$175,000$ at that time, with $$40,000$ of this amount being for the land. Ayayai prepares financial statements in

accordance with IFRS.

$($Depreciation expense should be calculated to the nearest half month.$)$

$($a$)$

Assuming a December $31$ year end, identify the building's cost.

Cost of the building $