On April $12,2020,$ Prism Ltd$.,$ a camera lens manufacturer, paid cash of $$559,400$ for real estate plus $$30,100$ cash in closing costs. The real estate included land appraised at $$210,350$; land improvements appraised at $$78,130$; and a building appraised at $$312,520.($a$)($b$)$ Ratio of Individual Appraised value to Total Appraised Value $($a$)=$ Total Appraised Value $($c$)$ Cost Allocation $($b$)*$ Total Actual Cost Appraised Values PPE Asset Present the journal entry to record the purchase. $($Do not round intermediate calculations. Round the final answers to the nearest whole dollar.$)$ View transaction list Journal entry worksheet Record the costs of lump$-$sum purchase.