Lump-sum purchase of plant assets LO C1 On January 1, 2022. Wells and McComas Company purchased Ross Company at the price shown. The market values of the assets purchased are given. Allocate the purchase price among the assets purchased for each separate purchase price. Complete this question by entering your answers in the tab below. Allocate the purchase price among the purchased assets. Allocate the purchase price among the purchased assets. Lump-sum purchase of plant assets LO C1 On January 1, 2022. Wells and McComas Company purchased Ross Company at the price shown. The market values of the assets purchased are given. Allocate the purchase price among the assets purchased for each separate purchase price. Complete this question by entering your answers in the tab below. Allocate the purchase price among the purchased assets. Allocate the purchase price among the purchased assets