Try another version of this question Everywhere Deliver Service paid $135,000 for a group purchase of land, building, and equipment. At the time of the acquisition, the land had a market value of $72,000, the building $41,000 and the equipment $29,000. Journalize the lump-sum purchase of the three assets for a total cost of $135,000, 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 72000 72000 / 142000 = 50.7 X 135000 = 68450.704225352 Building 41000 41000 / 142000 = 28.87 X 135000 = 38978.873239437 Equipment 29000 29000 / 142000 = 20.42 X 135000 = 27570.422535211 Total 142000 135000 Date Description Debit Credit Land 68,450.70 Building 38,978.87 Equipment 27,570.42 Notes Payable 135,000.00