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On January 1, 2020, Bona Vista Co. purchased land, a building, equipment, and tools for a total price of $5,320,000, paying cash of $1,304,000 and borrowing the balance from the bank. The bank appraiser valued the assets as follows: $1,252,400 for the land; $1,373,600 for the building; $1,010,000 for the equipment; and $404,000 for the tools. Prepare the entry to record the purchase. (Do not round intermediate calculations.) View transaction list Journal entry worksheet