On 1/1, McCormack's grocery bought land and a building for $6,000,000. The estimated fair market values of the land and building are $2,000,000 and $8,000,000, respectively. What amount should be recorded in the land account on 1/1? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 When the Vespa store sells a new scooter, the Vespa store would record the following journal entries (debits and credits) to recognize the revenue and reduce their inventory (Select ALL that apply): Credit Cash Debit Cost of Goods Sold Debit to Inventory Credit Inventory Debit Cash Debit Revenue Debit Deferred Revenue Credit Cost of Goods Sold u Credit Revenue Credit Deferred Revenue