n March 1, 2020, Edington Corporation acquired real estate, on which it planned to construct a small office building, by paying $90,000 in cash. An old warehouse on the property was demolished at a cost of $9,200; the salvaged materials were sold for $1,900. Additional expenditures before construction began included $1,700 legal fee for work concerning the land purchase, $5,600 land survey fee, $10,200 architect's fee, and $15,700 to put in driveways and a parking lot. (a) Determine the amount to be reported as the cost of the land. Cost of the land $