In Motion T-Shirts paid $170,000 for a group purchase of land, building, and equipment. At the time of the acquisition, the land had a market value of $90,000, the building $54,000, and the equipment $36,000. Journalize the lump-sum purchase of the three assets for a total cost of $170,000, the amount for which the business signed a note payable. (Record a single compound journal entry. Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit ion T-Shirts paid $170,000 for a group purchase of land, building, and equipment. At the time of the three assets for a total cost of $170,000, the amount for which the business signed a note payable. (R Accounts and Explanation Debit Accumulated Depreciation-Building Accumulated Depreciation-Equipment Building Cash Depreciation ExpenseBuilding Depreciation ExpenseEquipment Equipment Gain on Disposal Land Loss on Disposal Notes Payable e Accounts and Explanation Debit To record depreciation on building. To record depreciation on equipment. To record purchase of the assets with cash and note payable. To record purchase of the assets with note payable. To record sale of building