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Ojha Bakery purchased industrial baking ovens from Jang Appliance Manufacturing, Inc. for a purchase price of $367,000, plus $10,000 in shipping costs. When the ovens

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Ojha Bakery purchased industrial baking ovens from Jang Appliance Manufacturing, Inc. for a purchase price of $367,000, plus $10,000 in shipping costs. When the ovens arrived, employees of Ojha Bakery installed the ovens in the factory at a labor cost of $20,000. Ojha also hired an electrical contractor to perform some of the electrical work needed to get the ovens set up. Once 1 the ovens were functional, Qjha ran some test bakes through the ovens, at a cost of $2,000 and installed new timers on the ovens at a cost of $1,000. Finally, Ojha began using the ovens to bake bread and other products for its customers on January 1, 2022. Required: 1. Give the journal entry that Ojha Bakery would have to make to record the acquisition of the ovens, including all relevant costs

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