Blossom Company purchased land, a building, and equipment on January $2,2024,$ for $$935,000.$ The company paid $$165,000$ cash and

signed a mortgage note payable for the remainder. Management's best estimate of the value of the land was $$376,350$; of the building,

$$453,550$; and of the equipment, $$135,100.$ Record the purchase. $($Use Mortgage Payable for account.$)($Credit account titles are

automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and

enter $O$ for the amounts. List all debit entries before credit entries.$)$

Date Account Titles

Debit

Credit

Jan. $2$