Saved Required information (The following information applies to the questions displayed below. Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1.235,000. Harding paid $280,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $296,000; Building, $880,000 and Equipment, $584,000. (Round percentages to two decimal places: le .054 = 5%). 2 of 2 01:25:32 What journal entry would be used to record the purchase of the above assets? Multiple Choice Land Building Equipment Cash 296,000 880,000 584,000 1.760,000 Land Building Equipment 209,950 617,500 407,550 Koyuncu Torination Land Building Equipment Cash Notes payable 209,950 617,500 407,550 280,000 955,000 Land Building Equipment Cash Notes payable 296,000 880,000 584,000 1 280,000 1,480,000 296,000 880,000 584,000 Land Building Equipment Cash Notes payable Gain on purchase of long-term assets 955.898 280,000 525,000