Hale's Grocery obtained bids on the construction of a receiving dock at the back of its store. The lowest bid was $22,000. The company decided to build the dock itself, however, and was able to do so for $20,000, which it borrowed. The activity was recorded as a debit to Buildings for $22,000 and credits to Notes Payable for

$20,000 and Gain on Construction for $2,000. Do you agree with the entry?LO-3