Plant acquisitions for selected companies are as follows. 1. Tamarisk Industries Inc. acquired land, buildings, and equipment from a bankrupt company, Torres Co., for a lump-sum price of $770,000. At the time of purchase, Torres's assets had the following book and appraisal values. Book Values Appraisal Values Land Buildings $220,000 275.000 330.000 $165,000 385.000 330,000 Equipment To be conservative, the company decided to take the lower of the two values for each asset acquired. The following entry was made Land 165,000 Buildings 275,000 Equipment 330,000 Cash 770,000 2. Vaughn Enterprises purchased store equipment by making a $2,200 cash down payment and signing a 1-year, $25,300, 10% note payable. The purchase was recorded as follows. 30.030 Equipment Cash Notes Payable Interest Payable 2,200 25.300 2,530 3. Bramble Company purchased office equipment for $18,200, terms 2/10, 1/30. Because the company intended to take the discount, it made no entry until it paid for the acquisition. The entry was: 18,200 Equipment Cash Purchase Discounts 17,836 364 4. Sunland Inc. recently received at zero cost land from the Village of Cardassia as an inducement to locate its business in the village. The appraised value of the land is $29.700. The company made no entry to record the land because it had no cost basis. 5. Coronado Company built a warehouse for $660,000. It could have purchased the building for $814,000. The controller made the following entry. 814,000 Buildings Cash Profit on Construction 660,000 154,000 Prepare the entry that should have been made at the date of each acquisition. (Round intermediate calculations to 5 decimal palces, eg 056497 and final answers to decimal places.eg 5,275. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry"for the account titles and enter for the amounts.) No. Account Titles and Explanation Debit Credit 5