On March 31, 2023, Capital Investment Advisers paid $4,570,000 for land with two buildings on it. The plan was to demolish Building 1 and build a new store (Building 3 ) in its place. Building 2 was to be used as a company office and was appraised at a value of $1,074,790. A lighted parking lot near Bullding 2 had improvements (Land Improvements 1) valued at $607,490. Without considering the buildings or improvements, the tract of land was estimated to have a value of $2.990,720. Capital incurred the following additional costs: Required: 1. Allocate the costs incurred by Capital to the appropriate columns and total each column. 2. Prepare a single journal entry dated March 31,2023 , to record all the incurred costs, assuming they were paid in cash on that date. Journal entry worksheet