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Fip-it Quick Properties bough three lots in a subdivision for a lump.sum price. An independent appraiser valued the lots as follows: Fip-it Quick. Properties paid

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Fip-it Quick Properties bough three lots in a subdivision for a lump.sum price. An independent appraiser valued the lots as follows: Fip-it Quick. Properties paid 5435,000 in cash. Record the purchase in the joumal, identifying each lotis costin a separate tand account. Note: When inputting J percentage value, do not include the 55 symbol, and round your answer to two decimal places (e.g. 50.35), Use the rounded values for calculations throughout the assessment

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