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A company acquired an office building on three acres of land for a lump-sum price of $2,850,000. The building was completely equipped According to independent appraisals, the fair values were $880,000, 51,320.000, and $2,200,000 for the building, land, and equipment, respectively At what amount would the company record the building Muible Choice $570,000 5900.000 None of these answer choices are correct $1200000 Slinky Company purchased merchandise on June 10, 2021, at a price of $21000, subject to credit terms of 3/10, 1/30. Slinky uses the net method for recording purchases and uses a perpetual Inventory system Required: 1. Prepare the journal entry to record the purchase. 2. & 3. Prepare the journal entries to record the appropriate payment if the entire invoice is paid on June 18, 2021 and July 8, 2021 Complete this question by entering your answers in the tabs below. 2416 Reg: Reg 2 and Prepare the Journal entry to record the purchase. (if no entry is required for a transaction/event, select "No journal entry required in the first accountfield View transaction list Journal entry worksheet