Cala Manufacturing purchases land for $377,000 as part of its plans to build a new plant. The company pays $38,500 to tear down an old building on the lot and $56,913 to fill and level the lot. It also pays construction costs $1,600,800 for the new building and $101,047 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