SF10-1 (similar to) Assigned Media Question Help Highland Clothing purchased land, paying $100,000 cash and signing a $260,000 note payable. In addition, Highland paid delinquent property tax of $1,900, title insurance costing $1,250, and $5,900 to level the land and remove an unwanted building. Record the journal entry for purchase of the land. Begin by determining the cost of the land. Purchase price of land Add related costs: Total cost of land