Cala Manufacturing purchases land for $299,000 as part of its plans to build a new plant. The company pays $38,200 to tear down an old building on the lot and $56,470 to fill and level the lot. It also pays construction costs of $1,714,400 for the new building and $108,218 for lighting and paving a parking area. Prepare a single journal entry to record these costs incurred by Cala, all of which are paid in cash. View transaction list Journal entry worksheet