Try another version of this question Everywhere Deliver Service paid $121,000 for a group purchase of land, building, and equipment. At the time of the acquisition, the land had a market value of $67,000, the building $43,000 and the equipment $27,000. Journalize the lump-sum purchase of the three assets for a total cost of $121,000, 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 67000 67000 / 137000 = 48.91 X 121000 = 59175.182481752 Building 43000 43000 / 137000 = 31.39 X 121000 = 37978.102189781 Equipment 27000 27000 / 137000 = 19.71 X 121000 = 23846.715328467 Total 137000 121000 Date Description Debit Credit Land 59,175.18 Building 37,978.10 Equipment 23,846.72 Notes Payable 121,000.00