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On April 12, 2023, Prism Ltd., a camera lens manufacturer, paid cash of $567,800 for real estate plus $30,800 cash in closing costs. The real

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On April 12, 2023, Prism Ltd., a camera lens manufacturer, paid cash of $567,800 for real estate plus $30,800 cash in closing costs. The real estate included land appraised at $170,240; land improvements appraised at $79.040; and a building appraised at $358,720. Present the journal entry to record the purchase. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.)

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