Yellow Corp. purchased a piece of land in 2019 for $750,000 and incurred the following costs:cost of clearing theLand $20,000; cost of new parking lots and sidewalks $45,000; cost of lighting for new parking lot and sidewalks$10,000; realtor costs of purchasing the land $18,000.In addition, Yellow was able to sell wood from clearing theland for $7,000.How much should Yellow record in the Land and Land Improvement accounts, respectively, for this purchase?