Homework: Chapter 7, Part I Save Score: 0 of 3 pts 1 of 5 (4 complote) HW Score: 69.84%, 14.67 of 21 pts S7-2 (similar to) Question Help Solar Energy Consulting pays $270,000 for a group purchase of land, building, and equipment. At the time of acquisition, the land has a current market value of $60,000, the building's current market value is $150,000, and the equipment's current market value is $90,000. Prepare a schedule allocating the purchase price of $270,000 to each of the individual assets purchased based on their relative market values, then Journalize the lumpsum purchase of the three assets. The business signs a note payable for the purchase price Prepare a schedule allocating the purchase price of $270,000 to each of the Individual assets purchased based on their relative market values, then journalize the lump-sum purchase of the three assets. The business signs a note payable for the purchase price Begin by preparing a schedule allocating the purchase price of $270,000. Market Percentage (Sales) Asset Value 170,000 Building 150,000 Equipment of Total Cost of Each Asset Market Value Land % % 90.000 % 100 % Total 410.000