a Question 1 3.33 points Chenga Manufacturing purchased land and a building for S4 million. In addition to the purchase price, Chenega made the following expenditures in connection with the purchase of the land and building Titlerince $16,000 Legal fees for drawing the contract 5.000 Property taxes 36.000 Sate transfer fees 4.000 An independent appraisal estimated the fair vahaes of the land and building, if purchased separately, 21 533 and $1.1 million, respectively. Property taxes included 56,000 of delinquent taxes Question Serumal entries for the assets Chenega required in these transaction would include debes Lanttor 53.16.76 debt to buting for so dabestand or 4011.000 a dabei 100.70