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Buckeye Co . purchased equipment, a building, and land for in cash and $ 3 0 0 , 0 0 0 in notes ) .

Buckeye Co. purchased equipment, a building, and land for in cash and $300,000 in notes). After the purchase, the property was appraised. Fair market values were determined to be $120,000 for the equipment, $270,000 for the building, and $210,000 for the land. Prepare the entry to record the purchase of this property by Buckeye Co.
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