Ivanhoe Farms purchased real estate for $1,170,000, which included $5,900 in legal fees. It paid $259,000 cash and incurred a mortgage payable for the balance. The real estate included land that was appraised at $478,100, a building appraised at $751,300, and fences and other land improvements appraised at $136,600. The building has an estimated useful life of 60 years and a $51,000 residual value. Land improvements have an estimated 15 -year useful life and no residual value. Record the purchase of the real estate. (Credit account tities are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.)