Vaughn Inc. initiated a major company expansion on January 4, 2025. During the first quarter of 2025, Vaughn acquired several assets that were placed into production on July 1, 2025. The following costs were incurred:

Land Purchase for factory		$541,000
Parking Lot Paving		81,000
City Assessment for sidewalks		81,000
Production Line equipment		92,000
Sales tax on equipment		4,600
Closing costs on land		8,100
Architect fees for new building		21,000
Price paid to General Contractor for building		682,000
Removal of existing building		21,000

Purchase of Warehouse; exchanged 1,100 shares of Vaughn stock with a par value of $5 per share. Vaughn stock is currently trading at $95 per share.

Installation of production line equipment

$25,000

Based on this information, prepare the necessary journal entries to record the asset acquisitions assuming that all assets were purchased for cash except for the warehouse. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)