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, $75,000; brokers fees, $6,000; title search and other legal fees, $4,000; demolition of an old building on the property, $5,700; accumulated property taxes, $1,200; digging foundation for the road, $6,000; laying and paving driveway, $25,000; lighting $7,500; signs, $1,500.

Required: Calculate the cost of the Land??