Pittsfield Sound Center pays $300,000 for a group purchase of land, building, and equipment. At the time of acquisition, the land has a current market value of $198,000, the building's current market value is $99,000, and the equipment's current market value is $33,000. Prepare a schedule allocating the purchase price of $300,000 to each of the individual assets purchased based on their relative market values, then journalize the lump-sum purchase of the three assets. The business signs a note payable for the purchase price. Lana 100, - 0 % TOUUUU Building $ 99,000 30 % $ 90,000 '10 $ 30,000 Total $ 330,000 100 $ 300,000 Equipment $ 33.000 Now journalize the lump-sum purchase of the three assets. The business signs a note payable for the purchase price. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Accounts Date Debit JUULL NI da and then click Cher