Cala Manufacturing purchases land for $347,000 as part of its plans to build a new plant. The company pays $34,700 to tear down an old building on the lot and $51,296 to fill and level the lot. It also pays construction costs $1,647,900 for the new building and $104,020 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