($560,000 + $210,000 + $630,000 ) = $1,400,000
Equipment: ($560,000 ÷ $1,400,000 ) × $1,000,000 = $400,000
Land: ($210,000 ÷ $1,400,000 ) × $1,000,000 = $150,000
Building: ($630,000 ÷ $1,400,000 ) × $1,000,000 = $450,000
Date Account Debit Credit
Equipment 400,000
Land 150,000
Building 450,000
Cash 1,000,000