Solar Energy Consulting paid $130,000 for a group purchase of land, building, and equipment. At the time of the acquisition, the land had a market value of $70,000, the building $56,000, and the equipment $14,000. Journalize the lump-sum purchase of the three assets for a total cost of $130,000, the amount for which the business signed a note payable. (Record a single compound journal entry. Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit To record depreciation on building. To record depreciation on equipment To record purchase of the assets with cash and note payable To record purchase of the assets with note payable To record sale of building Solar Energy Consulting paid S130,000 for a group purchase of land, building, and equipment. At the time of the acquisition, the land had a market value of $70,000, the building $56,000, and the equipment $14,000. Journalize the lump-sum purchase of the three assets for a total cost of $130,000, the amount for which the business signed a note payable. (Record a single compound journal entry. Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Accumulated Depreciation-Building Accumulated Depreciation-Equipment Building Cash Depreciation Expense-Building Depreciation Expense-Equipment Equipment Gain on Disposal Land Loss on Disposal Notes Payable