Easter Company manufactures Easter chocolates and has been in operation for the pst $5$ years. During the $2023$ fiscal year, Easter Company purchased the following assets using a variety of financing alternatives. Easter Company follows FRS and has a December $319$ year$-$end.Asset $1$Easter Company obtained a new photocopier worth $$215,000$ in exchange for $9,000$ common shares. At that time, the common shares of Easter Company were trading on the stock market for $$25$ each.Asset $2$On September $1,2023$ Easter Company purchased new equipment for $$500,000.$ The company plans on using the equipment for $10$ years. During that time, it is expected the equipment will be used for a total of $30,000$ machi hours. At the end of $10$ years, it is estimated that the equipment will be sold for $550,000.$ During $2023,$ the equipment was used for a totall of $4,500$ machine hours.Assets $3$ & $4$and building were acquired for a lump sum price of $$1,500,000$ which was paid in cash. At the time of the land was appraised at $$612,500$ and the building was appraised at $$1,137,500.$ne journal entry recording