Xavier Construction negotiates a lump sum purchase of several assets from a company that is going out of business. The purchase is completed on January at total cash of for a building, improvements, and four vehicles. The estimated market values of the assets are building. $441,800; land improvements, $47,000, and four vehicles, $188,000. The company's financial year ends on December 31. Required 1a. Prepare a table to allocate the lump-sum purchase price to the separate assets purchased. (Round your percentage answers to the nearest whole number omit the "s" and signs in your response.) Appraised Percent Apportioned of Total Building Land improvements 1b. Prepare the journal entry to record the purchase. (omit the "S sign in your response Debit General Journal Jan. 1, 2015 (click to select) (click to select) Click to select) (click to select) (click to select) MacBook Pro