+ Ch 9: Homework Question 8 of 17 -/5 E View Policies Current Attempt in Progress On March 1, 2022, Crane Company acquired real estate, on which it planned to construct a small office building, by paying $ 86,500 in cash. An old warehouse on the property was demolished at a cost of $ 9,500; the salvaged materials were sold for $1.960. Additional expenditures before construction began included $1.460 attorney's fee for work concerning the land purchase, $ 5,150 real estate broker's fee $ 8,960 architect's fee, and $ 15,300 to put in driveways and a parking lot. (a) Determine the amount to be reported as the cost of the land. Cost of land $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answ