June $16$: Byte purchased a building and the land it is on for $$143,000\mathrm{.}00$ to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $$23,000\mathrm{.}00.$ The balance of the cost is to be allocated to the building. Check # $5005$ was used to make the down payment of $$14,300\mathrm{.}00.$ A thirty year mortgage with an initial payment due on August $1$st$,$ was established for the balance.