On March 1, 2017, Landon Company acquired real estate on which it planned to construct a small office building. The company paid $90,000 in cash. An old warehouse on the property was razed at a cost of $7, 600; Additional expenditures before construction began included $1, 100 attorney's fee for work concerning the land purchase, $4,000 real estate broker's fee, and $14,000 to put in driveways and a parking lot. Determine the amount to be reported as the cost of the land