During the current year, AGH Co. had the following transactions pertaining to its new office building. Purchase price for the land $125,000 Legal fees for contracts to purchase land $3,000 Architect fees $13,000 Demolition of the old building on site $11.000 Sale of scrap from old building $9,000 Construction of new bulding $693.000 What should be recorded on its books total cost of the land? Your