2 Exercise 9-3 Lump-sum purchase LO1 On April 12. 2020, Prism Ltd., a camera lens manufacturer, paid cash of $552,375 for real estate plus $29,400 cash in closing costs. The real estate included land appraised at $249,480, land improvements appraised at $83,160, and a building appraised at $261.360, Sped (0) (6) Ratio of Individual Appraised value to Total Appraised Value (a). Total Appraised Value (c) Cost Allocation (b) Total Actual Cost Appraised Values PPE Asset int inces Present the Journal entry to record the purchase. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) View transaction list View journal entry worksheet Debit General Journal No Credit Date April 12, 2020 1 No Transaction Recorded