ok ences Exercise 8-2 (Algo) Recording costs of assets LO C1 Cala Manufacturing purchases land for $479,000 as part of its plans to build a new plant. The company pays $34,900 to tear down an old building on the lot and $51,591 to fill and level the lot. It also pays construction costs of $1,656,800 for the new building and $104,582 for lighting and paving a parking area. Prepare a single journal entry to record these costs incurred by Cala, all of which are paid in cash. View transaction list Journal entry worksheet < A Record the total costs of the plant assets. Note Enter detits before credits Transaction Ganaral Journal Debit Credit Record entry Clear entry View general journal