Farah Corporation purchased land adjacent to its plant to improve access for trucks making deliveries. Expenditures incurred in purchasing the land were as follows: purchase price, $50,000; broker's fees, $7,000; title search and other legal fees, $5,000; demolition of an old building on the property, $5,700; accumulated property taxes, $1,500, digging foundation for the road, $5,000; laying and paving driveway, $22,000, lighting $7,500; signs, $1,500 Required: Calculate the cost of the Land?? ( Note, write your answer as a number only with no commas or dollar signs. If your answer is $1,500, write it as 1500)