Oakwood 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) Oakwood paid $380,000 in cash. Record the purchase in the joumal, 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 joumal entry. Record debits first, then credits. Select the explanation on the last line of the journal entry table) Date Data table Lot Lot 1 $ Lot 2 Lot 3 Accounts and Explanation Appraised Value 117,500 188,000 164,500 x ems Debit Credit