Carver Inc. purchased a building and the land on which the building is situated for a total cost of $949,400 cash. The land was appraised at $163,772 and the building at $928,038 Required .. Determine the amount of the purchase cost to allocate to the land and the amount to allocate to the building. b. Would the company recognize a gain on the purchase? c. Record the purchase in a statements model like the following one d. Record the purchase in general Journal format Complete this question by entering your answers in the tabs below. Required A Required Required Required D Determine the amount of the purchase cost to allocate to the land and the amount to allocate to the building. (Do not round intermediate calculations. Round your final answers to nearest whole dollar.) Allocated Cost Land Building Total Required B > Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Would the company recognize a gain on the purchase? Would the company recognize a gain on the purchase? Required A Required> Complete this question by entering your answers in the tabs below Required Required Required Rudo Record the purchase a statements made the following one. (Do not round Intermediate calculations, Round your finalwers to neart whole in the castlow colum, the initials to designate operating activity. LA for wing F for financing activity, NC for ne change in hand for not affected. Entrany decreases to account balance with minuts Show less CARVER INC State Model Bance Show Asses Land Lahti Reven CapeNet incon San Cash Print Record purchase of land and building for cash. Note; Enter debits before credits. Event General Journal Debit Credit 1 Record entry Clear entry View general journal