ing ts Question 1 --/2 View Policies Current Attempt in Progress On March 1, 2022, Sandhill Co. acquired real estate, on which it planned to construct a small office building, by paying $79,500 in cash. An old warehouse on the property was demolished at a cost of $8,100; the salvaged materials were sold for $1,680. Additional expenditures before construction began included $1,180 attorney's fee for work concerning the land purchase, $4,450 real estate broker's fee, $8,680 architect's fee, and $13,900 to put in driveways and a parking lot. pport (a) Determine the amount to be reported as the cost of the land, Cost of land $