Question: Help Save & Exit Sub On April 12, 2020, Prism Ltd., a camera lens manufacturer, paid cash of $565,400 for real estate plus $30,600

Help Save & Exit Sub On April 12, 2020, Prism Ltd., acamera lens manufacturer, paid cash of $565,400 for real estate plus $30,600

Help Save & Exit Sub On April 12, 2020, Prism Ltd., a camera lens manufacturer, paid cash of $565,400 for real estate plus $30,600 cash in closing costs. The real estate included land appraised at $181,800; land improvements appraised at $90,900; and a building appraised at $333,300. (b) (a) Ratio of Individual Appraised Value to PPE Asset Appraised Values (a) Total Appraised Value (c) Cost Allocation (b) x Total Actual Cost Total Appraised Value Present the journal entry to record the purchase. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.)

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