After planning to build a new plant, Kallisto Backpack Manufacturing purchased a large lot on which a small building was located. The negotiated purchase price for this real estate was $1,500,000 for the lot plus $540,000 for the building. The company paid $81,000 to have the old building torn down and $111,000 for levelling the lot. Finally, it paid $3,180,000 in construction costs, which included the cost of a new building plus $221,000 for lighting and paving a parking lot next to the building. Present a single journal entry to record the costs incurred by Kallisto, all of which were paid in cash (assume a date of March 10, 2020, for your entry). View transaction list Journal entry worksheet 1 Record the costs of plant assets. Note: Enter debits before credits. Date General Journal Debit Credit March 10, 2020 View general journal Record entry Clear entry < Prev 1 of 5 Next > >