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On January 1, 2023, Bona Vista Co. purchased land, a building, equipment, and tools for a total price of $4,570,000, paying cash of $1,154,000 and

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On January 1, 2023, Bona Vista Co. purchased land, a building, equipment, and tools for a total price of $4,570,000, paying cash of $1,154,000 and borrowing the balance from the bonk. The bank appraiser valued the assets as follows: $1,128,100 for the land; $1,322,600 for the build ing: $972,500 for the equipment; and $466,800 for the tools. Prepare the entry to record the purchase, (Do not round intermediate calculations.) Journal entry worksheet

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