Nash Inc. initiated a major company expansion on January 4, 2020. During the first quarter of 2020, Nash acquired several assets that were placed into production on July 1, 2020. The following costs were incurred:

Land Purchase for factory $492000

Parking lot Paving $72000

City Assessment for sidewalks $81000

Production Line equipment $109000

Sales tax on equipment $5450

Closing costs on land $7700

Architect fees for new building 21000

Price paid to General Contractor for building 809000

Removal of existing building 22000

Purchase of Warehouse exchanged 900 shares of Nash stock with a par value of $5 per share. Nash stock is currently trading at $135 per share.

Installation of production line equipment $25000

Based on this information, prepare the necessary journal entries to record the asset acquisitions assuming that all assets were purchased for cash except for the warehouse.

Thank you in adance!