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Cala Manufacturing purchases land for $ 3 3 3 , 0 0 0 as part of its plans to build a new plant. The company

Cala Manufacturing purchases land for $333,000 as part of its plans to build a new plant. The company pays $43,700 to tear down an old building on the lot and $64,600 to fill and level the lot. It also pays construction costs of $1,480,600 for the new building and $93,460 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.

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