Leslie Manufacturing Company purchased land adjacent to its factory for the installation of a holding area for equipment. Expenditures by the company were as follows: purchase price, $173,000; paving, $5,300; title search and other fees, $760; grading, $3,000; demolition of a shack on the property, $4,600; lighting, $8,200; signs, $2,850; broker's fees, $10,240; landscaping, $10,600. Determine the amount that should be debited to the Land account and record the journal entry assuming that Leslie purchases the land with cash??