Deadwood Properties bought three lots in a subdivision for a lump$-$sum price. An independent appraiser valued the lots as follows:

$($Click the icon to view the values.$)$

Deadwood paid $$380,000$ 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.$)$

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,Credit$],[,$Land$-$Lot $1,57,000,],[,$Land$-$Lot $2,95000,],[,$Land$-$Lot $3,228000,],[,$Cash,,$380,000],[,$To record purchase of the lots with cash.,,$]]$