Glenmore Reservoir Corporation paid $4,000,000 in a lump-sum purchase of land, a building, and equipment. The payment consisted of $1,500,000 cash and a 2-year 10% note payable for the balance. An appraisal indicated the following fair values at the time of the purchase: Land Building Equipment $1,600,000 2,500,000 500,000 5a. What is the dollar amount that will show up on the balance sheet for the land, building, and equipment? (round all percentage calculations to the nearest whole amount (e.g. 25%) and all dollar amounts to the nearest dollar)? 5b. Prepare the journal entry to record the lump-sum purchase (round all percentage calculations to the nearest whole amount (e.g. 25%) and all dollar amounts to the nearest dollar). 5c. Assume that no payments or journal entries have been made with regards to the note payable. Now assume that after 9 months, the company decides to pay off the note outstanding. Prepare the journal entry to record the retirement of the note payable and all the interest that has accrued up to that point. (round all percentage calculations to the nearest whole amount (e.g. 25%) and all dollar amounts to the nearest dollar)