On April $12,2023,$ Prism Ltd$.,$ a camera lens manufacturer, paid cash of $$552,375$ for real estate plus $$29,400$ cash in closing costs. The real estate included land appraised at $$249,480$; land improvements appraised at $$83,160$; and a building appraised at $$261,360.$

$($a$)($b$)($c$)$

PPE Asset Appraised

Values Ratio of Individual Appraised Value to

Total Appraised Value

$($a$)-$: Total Appraised Value Cost Allocation

$($b$)\backslash$times Total Actual Cost

Present the journal entry to record the purchase. $($Do not round intermediate calculations. Round the final answers to the nearest whole dollar.$)$