(Note: use the purchase allocation daily activity key for assistance) Landscapes by Design purchased land with an office building, equipment shed, abandoned warehouse, pond with a foot bridge, parking lot and lighting for a lump-sum cost of $1,850,000. A downpayment of $555,000 was paid in cash with the balance on a long-term mortgage. The appraised values are as follows: Land Pond and foot bridge Parking lot and lighting Office building Equipment shed Abandoned warehouse 275,000 235,000 185.000 1,200,000 125,000 Determine the cost to be apportioned to each item and prepare the journal entry to record the acquisition Note: Date not necessary on joumal entry Appraised Value Percent of Total Apportioned Cost Asset Land Pond and foot bridge Parking lot and lighting Office building Storage shed Abandoned shed Land Land Improvements Building Cash Mortgage Payable