Carver Incorporated purchased a building and the land on which the building is situated for a total cost of $834,200 cash. The land was eppraised at $182,273 and the butting at $77,057. Required a. What is the accounting term for this type of acquisition? b. Determine the amount of the purchase cost to allocate to the land and the amount to allocate to the building. c. Would the company recognize a gain on the purchase? d. Record the purchase in a horizontal statements model. Complete this question by entering your answers in the tabs below. What is the accounting term for this type of acquisition? Carver Incorporated purchased a building and the land on which the building is situated for a total cost of $834,200 cash. The land was appraised at \$182,273 and the building at \$7T7,057. Required o. What is the accounting term for this type of acquisition? b. Determine the amount of the purchase cost to allocate to the land and the amount to allocate to the butling. c. Would the company recognize a gain on the purchase? d. Record the purchase in a horizontal statements model. Complete this question by entering your answers in the tabs below. Determine the amount of the purchase cost to allocate to the land and the amount to allocate to the building. Note: Round intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount Carver incorporated puichased a buldirig and the Land on which the buliding is situated for a total cost of $834,200 cash. The land was appraised at $182273 and the buldinn at $777057 Required a. What is the accounting term for this type of acquisition? b. Determine the amount of the purchase cost to allocate to the land and the amount fo allocate to the building c. Would the company recognize a gain on the purchase? d. Record the purchase in a horizontal statements model Complete this question by entering your answers in the tabs below. Record the purchase in a horizontal ttatements model. Note: In the Cash Flow column, indicate whether thit item is an operating activity (OA), an investing activity (tLA), or a finano ng activity (IA), If an element is not places and final answern to the nearest whole number. Not all cells will require eatry Carver incorporated purchased a building and the land on which the building is situated for a total cost of $834,200 cash. The land was appraised at $182,273 and the building at $777,057. Required a. What is the accounting term for this type of acquisition? b. Determine the amount of the purchase cost to allocate to the land and the amount to allocate to the butting c. Would the company recognize a gain on the purchase? d. Record the purchase in a horizontal statements model. Complete this question by entering your answers in the tabs below. Would the company recognize a gain on the purchase