Question: Complete the table for the bulk asset purchase. i need step by step explanation and answer thanks. Take me to the text Building, equipment, and

 Complete the table for the bulk asset purchase. i need step

Complete the table for the bulk asset purchase.

i need step by step explanation and answer thanks.

Take me to the text Building, equipment, and land were purchased for a total amount of $2,100,000 on October 3, 2020. The assessed values of these purchases were, Building for $770,000; Equipment for $264,000; Land for $1,166,000. Calculate the cost of each asset by filling in the following table, and write the journal entry that records the purchase. Required a) Complete the table for the bulk asset purchase. Do not enter dollar signs or commas in the input boxes. Round all dollar figure answers to the nearest whole number. Round all percentage figures to 2 decimal places. Item Assessment Percent Applied to Cost Building $770,000 % $ h Equipment $264,000 % $ Land $1,166,000 %$ Total $2,200,000 TA

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