The company paid $500,000 to purchase the following: a building with an appraised value of $200,000, an operating permit valued at $100,000, and ongoing research and development projects valued at $150,000. In addition, it is estimated that the fair value of the order backlog associated with the products manufactured in the building is $100,000; this order backlog is included as part of the purchase. Make the journal entry necessary to record this cash purchase.