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E9-18 (similar to) Question Help Oakwood Properties bought three lots in a subdivision for a lump sum price. An independent appraiser valued the lots as follows: (Click the icon to view the values.) Oakwood paid $290,000 in cash Record the purchase in the journal, identifying each lot's cost in a separate Land account. Round decimals to two places, and use the computed percentages throughout. (Record a single compound journal entry. Record debits first, then credits. Select the explanation on the last line of the journal entry table) Date Accounts and Explanation Debit Credit Land Lot1 Land-2012 Land Lot 3 290000 Cash To record purchase of the lots with cash Choose from any list or enter any number in the input fields and then click Check Answer. All parts showing Clear All Check Answer Data Table Lot 1 Appraised Value $ 64,500 172,000 193,500 Print Done