Gr Red Rock Bakery purchases land, building, and equipment for a single purchase price of $300,000. However, the estimated fair values of the land, building, and equipment are $100,000, $260,000, and $40,000, respectively, for a total estimated fair value of $400,000. Required Determine the amounts Red Rock should record in the separate accounts for the land, the building, and the equipment. Estimated FairAllocation Percentage ount of Recorded Amount Basket Purchase Value Land Building Equipment Total