K Delta Company bought a building for $81,000 cash and the lard on which it was located for $$109,000 cahs. The company paid transfer costs of $10,000 ($4,000 for the building and $6,000 for the land. Renovation cost on the building $30,0000. Prepare the journal entry to record the purchase of the property, Including all expenditures. Assume that all transactions were for cash and that all purchases occurred at me start of the year