I really need help with this. Especially confused with the journal entries.

Practice Problem 10-01 Bonita Industries Inc. constructed a building and acquired five assets during the current year. Construction of Building: A building was constructed on land purchased last year at a cost of $177,600. Construction began on February 1 and was completed on November 1. The payments to the contractor were as follows. Date March 1 July 1 October 1 Payment $266,400 203,500 240,500 Bonita obtained a $518,000, 8% construction loan on March 1. Bonita repaid the loan on October 1. Bonita had $296,000 of other outstanding debt during the year at a borrowing rate of 9%. Asset 1: Bonita acquired office furniture by making a $5,550 down payment and issuing a $7,400, 2-year, zero-interest-bearing note. The note is to be paid off in two $3,700 installments made at the end of the first and second years. It was estimated that the asset could have been purchased outright for $11,988. Asset 2: Bonita acquired manufacturing equipment by trading in used manufacturing equipment. The exchange lacks commercial substance.) Facts concerning the trade-in are as follows. Cost of equipment traded in Accumulated depreciation on equipment traded in - to date of sale Fair value of equipment traded Cash received Fair value of equipment acquired $38,480 25,160 18,500 1,850 16,650 Asset 3: Four computers were acquired by issuing 500 shares of $1 par value common stock. The stock had a market price of $11 per share. Assets 4 and 5: Bonita purchased these assets together for a lump sum of $170,200 cash. The following information was gathered. w Description Forklifts Equipment Trucks Initial Cost on Seller's Books $55,500 133,200 48,100 Depreciation to Date on Seller's Books $14,800 29,600 11,100 Book Value on Seller's Books $40,700 103,600 37,000 Appraised Value $37,000 122,100 25,900 Record the acquisition of each of these assets. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Account Titles and Explanation Acquisition of Asset 1 Furniture 518,000 Notes Payable 518,000 266,400 266,200 Acquisition of Asset 2 Accumulated Depreciation Equipment Gain on Disposal of Equip Equipment Cash Acquisition of Asset 3 Computers Common Stock Paid-in Capital in Excess of Acquisition of Assets 4 and 5 Forklift Equipment Trucks Cash