Try another version of this question Everywhere Deliver Service paid $137,000 for a group purchase of land, building, and equipment. At the time of the acquisition, the land had a market value of $78,000, the building $43,000 and the equipment $28,000. Journalize the lump-sum purchase of the three assets for a total cost of $137,000, 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 78000 78000 / 149000 = 52.35 X 137000 = 71718.120805369 Building 43000 43000 / 149000 = 28.86 X 137000 = 39536.912751678 Equipment 28000 28000 / 149000 = 18.79 X 137000 = 25744.966442953 Total 149000 137000 Date Description Debit Credit Land 71,718.12 Building 39,536.91 Equipment 25,744.97 Notes Payable 137,000.00