Flint Corp. acquired a property on September $15,2023,$ for $$230,000,$ paying $$3,500$ in transfer taxes and a $$1,700$ real estate fee.

Based on the provincial assessment information, $80\%$ of the property's value was related to the building and $20\%$ 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. Flint, 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 $$161,000$ at that time, with $$49,000$ of this amount being for the land. Flint 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 $