Q15. Lump-Sum Purchases (7 minutes - 3 marks) Knot 2nd manufactures ropes for boats Knot Badpad 3.000 for a lump sum purchase of land building and equipment. The payment made in Athird party valuator adicated that the land building and woment had a fair market was follows Land - 5401 513 Building-513170 Eument 53.567 4031 in recording the ournal entry for the acoustion of the land, bunding and equiment hot would be building for do round intermediatawwert Round your finalwer to the nearest dlar. Do not use it in your la