Fresh veggies

Fresh Veggies, Inc. (FVI). purchases land and a warehouse for $440,000. In addition to the purchase price, FVi makes the following expenditures related to the acquisition: broker's commission, $24,000 title Insurance, $1,400, and miscellaneous closing costs, $4,800. The warehouse is immediately demolished at a cost of $24,000 in anticipation of building a new warehouse. Determine the amount FVI should record as the cost of the land. con of the land