On March 1, 2022, Concord Corporation acquired real estate, on which it planned to construct a small office building, by paying $76,500 in cash. An old warehouse on the property was demolished at a cost of $8,800; the salvaged materials were sold for $1,800. Additional expenditures before construction began included $1,150 attorney's fee for work concerning the land purchase, $4,300 real estate broker's fee, $7,150 architect's fee, and $13,150 to put in driveways and a parking lot. (a) Determine the amount to be recorded as the cost of the land, Cost of land $