Try another version of this question Everywhere Deliver Service paid $128,000 for a group purchase of land, building, and equipment. At the time of the acquisition, the land had a market value of $65,000, the building $43,000 and the equipment $27,000. Journalize the lump-sum purchase of the three assets for a total cost of $128,000, the amount for which the business signed a note payable. Note: When inputting a percentage value, do not include the % symbol, and round your percent answer to two decimal places (e.g.,50.346% would be 50.35). Use the rounded values for calculations throughout the assessment. Asset Market Value Percentage of Total Value X Total Purchase Price = Assigned Cost of Each Asset Land / = X = Building / = X = Equipment / = X = Total Date Description Debit Credit Asset Market Value Percentage of Total Value X Total Purchase Price = Assigned Cost of Each Asset Land 65000 65000 / 135000 = 48.15 X 128000 = 61629.62962963 Building 43000 43000 / 135000 = 31.85 X 128000 = 40770.37037037 Equipment 27000 27000 / 135000 = 20 X 128000 = 25600 Total 135000 128000 Date Description Debit Credit Land 61,629.63 Building 40,770.37 Equipment 25,600.00 Notes Payable 128,000.00