Problem One: On March 1, 2019, Mark Company acquired real estate on which it planned to construct a small ofce building. The company paid $75,000 in cash. An old warehouse on the property was razed at a cost of $6,400; the salvaged materials were sold for $1,200. Additional expenditures before construction began included $800 attorney's fee for work concerning the land purchase, $3,800 real estate broker's fee, $5,800 architect's fee, and $11,000 to put in driveways and a parking lot. Instructions (3) Determine the amount to be reported as the cost of the land. (b) For each cost not used in part (a), indicate the account to be debited