On Dec 14, 2020, United Nations acquired real estate in Halkal on which it planned to construct a small immigrants office building. UN paid $120,000 in cash. An old warehouse on the property was razed at a cost of $7,700; the salvaged materials had a value of $1,000. Additional expenditures before construction began included $4,100 attorney's fee for work concerning the land purchase, $6,000 real estate broker's fee, and $19,000 to put in driveways and a parking lot. Determine the amount to be reported as the cost of the land