On March $1,2027,$ Swifty Company acquired real estate on which it planned to construct a small office building, by paying $$92,000$ in

cash. An old warehouse on the property was demolished at a cost of $$8,400$; the salvaged materials were sold for $$2,500.$ Additional

expenditures before construction began included $$1,100$ attorney's fee for work concerning the land purchase, $$5,800$ real estate

broker's fee, $$7,000$ architect's fee, and $$14,400$ to put in driveways and a parking lot.

Determine the amount to be reported as the cost of the land.

Cost of land $

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