A company purchases property that includes land, buildings and equipment for 35.2 million. The company pays estrmated at 2p%, te buidegs are at 44%, and the equipment at 27% ofthe propety value. S 182.000 n legal fees. S2 10 000 n commissions, and S 108,000 i, appraisal lees. The lard Required a. Determine the total aoquisison cost of this Tasket purchase-(Enter your answer in whole dollars and not in millions) b. Allocate he total acquisition cost to the individual assets aoquired (Enter your answers in whole dollars and not in millions Land Buildings Equipment e. Prepare the jounal entry to record the purchase assuming that the company paid 40% of the amounts using cash and signed a note (due in five years) fer the remainder iIf no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enfer your answers in whole dollars and not in millions) Journal entry worksheet Record the purchase of land, buildings and equipment assuming that the company paid 40% of the amounts using cash and signed a note for the remainder (due in five years). Note:Enter desits before eredits Type here to search