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On January 1, 2023, Bana Vista Co. purchased land, a building, equipment, and tools for a total price of $5,220,000, paying cash of 51,284,000 ond

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On January 1, 2023, Bana Vista Co. purchased land, a building, equipment, and tools for a total price of $5,220,000, paying cash of 51,284,000 ond borrowng the balance from the bank. The bank oppraiser valued the assets as follows: 51,165,800 for the land, $1,286,400 for the bullding. $924,600 for the equipment, and $643,200 for the tools. Prepare the entry to record the purchase. (Do not round intermesiate calculations.) Journal entry worksheet Hecerd the lump-tum purchase. Hite tuter dectas liefore conts

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