On April $12,2023,$ Prism Ltd$.,$ a camera lens manufacturer, paid cash of $$566,600$ for real estate plus $$30,700$ cash in closing costs. The real estate included land appraised at $$176,030$; land improvements appraised at $$84,980$; and a building appraised at $$345,9$

$\backslash$table$[[($a$),($b$),($c$),],[$PPE Asset,Appraised,Ratio of Individual Appraised Value to$,$Cost Allocation$],[$Values$,($a$)$ Total Appraised Value,$($b$)$ Total Actual,$],[,,,]]$

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

Journal entry worksheet

$1$

Record the costs of lump$-$sum purchase.