On January 1, 2022, Wells and McComas Company purchased Ross Company at the price shown. The market values of the assets purchased are given. Allocate the purchase price among the assets purchased for each separate purchase price. Complete this question by entering your answers in the tab below. Required 1 Allocate the purchase price among the purchased assets. Assets Purchased Market Value Purchase Price 1 Purchase Price 2 $ 10,000,000 14,500,000 Land $ 5,500,000 Building $ 3,300,000 Equipment $ 1,650,000 Vehicles $ 550,000 Goodwill Totals $ 11,000,000 $ $