Journalize each of the following transactions:
(a)A wing costing $2,345,000 was added to the building. A new mortgage was issued for the cost.
(b)Equipment was upgraded to increase its capacity to produce widgets. The upgrade cost of $11,500 was paid in cash.
(c)A major overhaul costing $8,000 on a machine increased the useful life by 4 years. The payment was made in cash.