Ooredoo Company makes a lump-sum purchase of four assets on January 1, 2020 for a total cash price of $820,000. The estimated market valu of the assets are Factory, $460,000; Equipment, $266,800; Machine, $55,200; and Land, $138,000. Required: 1. Prepare a table to allocate the lump-sum purchase price to the separate assets purchased. 2. Prepare the journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a table to allocate the lump-sum purchase price to the separate assets purchased. Allocation of total Appraised Percent of Total cost Value Appraised Value Total cost of Acquisition Apportioned Cost Factory % x Equipment % x Machine: Land Total % x % x % Required 1 Required 2 >