Required information [The following information applies to the questions displayed below.] Shahia Company bought a building for $74,000 cash and the land on which it was located for $111,000 cash. The company paid transfer costs of $13,000 ( $4,000 for the building and $9,000 for the land). Renovation costs on the building before it could be used were $33,000. 3. Determine the net book value of the property (land and building) at the end of year 2 . Note: Amounts to be deducted should be indicated by a minus sign