Lot Appraised Value 157,500 270,000 22,500 9-10 (Smart) Deadwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as follows: Click the icon to view the values.) Deadwood paid $415,000 in cash. Record the purchase in the journal, identifying each lot's cost in a separate Land account. Round decimals the computed percentages throughout. (Record a single compound journal entry. Record debits first, then credits. Select the explanation on the entry table.) Date Accounts and Explanation Debit Credit