Oakwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as follows: View the values. Oakwood Properties paid $355,000 in cash. Record the purchase in the journal, identifying each lot's cost in a separate Land account. Round decimals to two places and use the computed percentages throughout (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 Land-Lot 1 Land-Lot 2 Land-Lot 3 Cash To record purchase of the lots with cash Ask my instructor Debit Credit Values Lot Appraised Value Lot 1 $ 64,500 Lot 2 Lot 3 236,500 129,000 Print Done - X