Advanced Automotive paid $130,000 for a group purchase of land, building, and equipment. At the time of the acquisition, the land had a market value of $70,000, the building $42,000, and the equipment $28,000. Journalize the lump-sum purchase of the three assets for a total cost of S130,000, the amount for which the business signed a note payable. (Record a single compound journal entry. Record debits first, then credits. Select the explanation on the last line of the jounal entry table.) Date Accounts and Explanation Debit Credit