On September 8, 2020, ACME Company purchased the following assets: a building, land, and machinery. The appraised values of the assets were 51,125,000 for land $382,500 for machinery, and $742,500 for the building. The total purchase price of all three assets was 51 940,000. The company paid cash of $320,000 and signed a note payable for the remaining balance Required a) Complete the table to determine the cost of the assets. Do not enter dollar signs or commas in the insut boxes Round all numbers to decimal places Item Assessment Percent Applied to Cost Building $742.500 33 s Itand 51 125.000 x 15 Machinery $302.500 [rotal 52.250.000 b) Prepare the journal entry to record the purchase. Enter the debit accounts in alphabetical order. Enter the credit accounts in alphabetical order. Date Account Title and Explanation Debit Credit Sep 8 Building . Land . > Machinery . > Cash . > Notes Payable To record the purchase of assets