Problem $7-1$B $($Static$)$ Determine the acquisition cost of land and bullding $($LO$7-1)$ The Italian Pizza Company purchased land as a factory site for $\backslash (\backslash$$ $90,000\backslash ).$ Prior to construction of the new building, the land had to be cleared of trees and brush. Construction costs incurred during the first year are listed below: $```$ Land clearing costs a worker $(400)$ Architect fees $($for new building$)30,000$ Title investigation of land $3,500$ Property taxes on land $($for the first year$)3,000$ Building construction costs $400,00```$ Required: Determine the amounts that the company should record in the Land and the Building accounts. $($Amounts to be deducted should be Indleated by a minus slgn$.)$