Southwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as follows: (Click the icon to view the values.) Southwood paid $400,000 in cash. Record the purchase in the journal, identifying each lot's cost in a separate Land account Round decimals to two places, and use the computed percentages throughout (Record a single compound journal entry. Record debits first, then credits Select the explanation on the last line of the journal entry table.) Date Debit Credit Accounts and Explanation Land-Lot 1 Land-Lot 2 Land-Lot 3 Cash To record purchase of the lots with cash. 400.000 Data Table Lot Appraised Value 102.500 287 000 20 500 Print Done