Weygandt, Accounting Principles,13e On March 1, 2020, Pronghorn Company acquired real estate on which iR planned to construct a small office building. The company paid s92,000 in cash. An old warehouse on the property was razed at a cost of s10,600; the salvaged materials were sold for $2,000. Aditional expenditures before construction began induded $1.300atmey's fee for work concerning the land purchase, $5,600 real estate broker's fee, $7,100 architect's fee, and S 14,900 to put in diveways parking lot. Cost of land Question Attempts: Unlimited AVE FOR LAr 5