Boltwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as follows: E (Click the icon to view the values.) Boltwood paid $265,000 in cash. Record the purchase in the journal, identifying each lot's cost in a separate Land account Round decimals to two places, and use the computed percentages throughout. (Record a single compound journal entry Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit nl Data Table - Lot Lot 1 Appraised Value $ 43,000 215,000 172.000 Lot 2 Lot 3 med elvad Print Done