Your company purchased land, buildings, and land improvements for a bundled price of $400,000. Based on your research you presented the information below. Description Building Land Total Fair Market Assessed Value Value from Tax Records 300,000 120,000 200,000 60,000 500,000 180,000 1. Based on your analysis and documentation, write the journal entry to record the purchase. 2. Include an explanation with the journal entry to document the values for the journal entry