Concord Pet Care Clinic paid $ 150 comma 000 for a group purchase of land, building, and equipment. At the time of the acquisition, the land had a market value of $ 80 comma 000 , the building $ 48 comma 000 , and the equipment $ 32 comma 000. Journalize the lump-sum purchase of the three assets for a total cost of $ 150 comma 000 , the amount for which the business signed a note payable.
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