Red Rock Bakery purchases land, building, and equipment for a single purchase price of $420,000. However, the estimated fair values of the land, bullding, and equipment are $130,000, $312,000, and $70,000, respectively, for a total estimated fair value of $520,000. Required: Determine the amounts Red Rock should record in the separate accounts for the land, the building, and the equipment. Entradale Ville Allocation Porcentage Amount of Basket Purchase Recorded Amount % Land Building Equipment Total % %