On March 1,2020, Cullumber Group acquired real estate on which it planned to construct a small office building. The company paid 77,000 in cash. An old warehouse on the property was razed at a cost of 8,600; the salvaged materials were sold for 3,100. Additional expenditures before construction began included 1,700 attorney's fee for work concerning the land purchase, 6,000 real estate broker's fee, 7,300 architect's fee, and 14,500 to put in driveways and a parking lot. (a) Determine the amount to be reported as the cost of the land. Cost of land