On January $1,2025,$ Tamarisk Corporation purchased for $$660,000$ a tract of land $($site number $101)$ with a building. Tamarisk paid a

real estate broker's commission of $$47,520,$ legal fees of $$7,920,$ and title guarantee insurance of $$23,760.$ The closing statement

indicated that the land value was $$660,000$ and the building value was $$132,000.$ Shortly after acquisition, the building was razed at a

cost of $$71,280.$

Tamarisk entered into a $$3,960,000$ fixed$-$price contract with Slatkin Builders, Inc. on March $1,2025,$ for the construction of an office

building on land site number $101.$ The building was completed and occupied on September $30,2026.$ Additional construction costs

were incurred as follows.

Plans, specifications, and blueprints

Architects' fees for design and supervision $,108,240$

The building is estimated to have a $40-$year life from date of completion and will be depreciated using the $150\%$ declining$-$balance

method.

To finance construction costs, Tamarisk borrowed $$3,960,000$ on March $1,2025.$ The loan is payable in $10$ annual installments of

$$396,000$ starting on March $1,2026,$ plus interest at the rate of $10\%.$ Tamarisk's weighted$-$average amounts of accumulated building

construction expenditures were as follows.

For the period March $1$ to December $31,2025$

For the period January $1$ to September $30,2026$

Prepare a schedule that discloses the individual costs making up the balance in the land account in respect of land site number

$101$ as of September $30,2026.$

TAMARISK CORPORATION

Cost of Land $($Site #$101)$

As of September $30,2026$

$

$