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 $2,150,000 for the lot plus $670,000 for the building. The company paid $94,000 to have the old building torn down and $124,000 for levelling the lot. Finally, it paid $3,830,000 in construction costs, which included the cost of a new building plus $234,000 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, 2023, for your entry). View transaction list View journal entry worksheet No 1 Date March 10, 2023 Land Building General Journal Debit Credit

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 $2,150,000 for the lot plus $670,000 for the building. The company paid $94,000 to have the old building torn down and $124,000 for levelling the lot. Finally, it paid $3,830,000 in construction costs, which included the cost of a new building plus $234,000 for lighting and paving a parking lot next to th building Present asingle joumal entry to record the costs incurred by Kallisto, all of which were paid in cash (assume a date of March 10, 2023, for your entry)