Fairview Clothing purchased land, paying S92,000 cash and signing a $210,000 note payable. In addition, Fairview paid delinquent property tax of $2,100, title insurance costing $1,250, and $5,600 to level the land and remove an unwanted building. Record the journal entry for purchase of the land. Begin by determining the cost of the land. Purchase price of land Add related costs: Total cost of land Record the journal entry for purchase of the land. (Record a single compound journal entry. Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit