Maha Inc. purchased the following assets on November 23, 2018 (the fair market values of the assets are included as well): Land $ 24,800 Building $ 31,000 5 Machine $ 6,200 6 Total Fair Market Value of Assets $ 62,000 7 8 9 $ 1. Maha Inc. paid the following amount for the assets: 10 Prepare the journal entry to record the purchase (4 points). 49,600 11 12 13. 14 15 16 2. Maha Inc. paid the following amount for the assets: 17 $ 62,000 18 Prepare the journal entry to record the purchase (4 points). > == Exam Instructions SVSU ID & Multiple Choice Questions Problem 1 Problem 2 Prob Calculation Mode: Automatic Workbook Statistics 2. Maha Inc. paid the following amount for the assets: $ 62,000 Prepare the journal entry to record the purchase (4 points). 1 22 23 24 3. Maha Inc. paid the following amount for the assets: 25 $ 74,400 26 Prepare the journal entry to record the purchase (5 points). 27 28 29 30 31 32 Dhlom 1 A Problem 2 Proble