On March 1, 2022, Novak Corp. acquired real estate, on which it planned to construct a small office building, by paying $86,500 in cash. An old warehouse on the property was demolished at a cost of $8,600; the salvaged materials were sold for $3,800. Additional expenditures before construction began included $2,150 attorney's fee for work concerning the land purchase, $5,300 real estate. broker's fee, $8,150 architect's fee, and $14,150 to put in driveways and a parking lot. (a) Determine the amount to be recorded as the cost of the land. Cost of land