Shahia Company bought a building for $$74,000$ cash and the land on which it was located for $$109,000$ cash. The company paid transfer costs of $$10,000($$$6,000$ for the building and $$4,000$ for the land$).$ Renovation costs on the building before it could be used were $$26,000.$

$3-3$ Part $3$

Determine the net book value of the property $($land and building$)$ at the end of year $2$