In Motion T-Shirts pays $300,000 for a group purchase of land, building. and equipment. At the time of acquisition, the land has a current market value of $82,500, the building's current market value is $33,000, and the equipment's current market value is $214,500. Prepare a schedule allocating the purchase price of $300,000 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. Prepare a schedule allocating the purchase price of $300,000 to each of the individual assets purchased based on their relative market values; then joumalize the lump-6um 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 $300,000. (Do not enter the % sign within the input fields of the Percentage of Total Market column.) Get more help - Begin by preparing a schedule allocating the purchase price of $300,000. (Do not enter the % sign within the input fields of the Percentage of Total Market column.) Get more help