Cala Manufacturing purchases land for $467,000 as part of its plans to build a new plant. The company pays $44,700 to tear down an old building on the lot and $66,078 to fill and level the lot. It also pays construction costs of $1,619,300 for the new building and $102,215 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. Journal entry worksheet Note: Enter debits before credits. Required information [The following information applies to the questions displayed below.] Tory Enterprises pays $246,400 for equipment that will last five years and have a $44,400 salvage value. By using the equipment in its operations for five years, the company expects to earn $89,300 annually, after deducting all expenses except depreciation. Calculate annual depreciation expense using double-declining-balance method. Prepare a table showing income before depreciation, depreciation expense, and net (pretax) income for each year and for the tota ive-year period, assuming double-declining-balance depreciation is used. Complete this question by entering your answers in the tabs below. Calculate annual depreciation expenses using double-declining-balance method. Note: Round Annual Depreciation to the nearest whole dollar