Question 17 (6 points) Saved Idea Furniture paid $3,100,000 on April 27, 2017 to buy land, a building and a parking lot (land improvements) beside the building. An independent appraisal has assigned the following values to the assets: Note: The company year-end is December 31 Land Building Land improvements Total Appraised Values $2,135,000 . 810,000 5 55,000 $3,500,000 REQUIRED: a) Prepare the general journal entry to record the acquisition (purchase) b) Which asset(s) purchased on April 27 will not be depreciated on Dec 31, 2017? - Paragraph B IU. part a) DATE ACCOUNT TITLES DEBIT CREDIT A/ 3h