0/6 12 Show Attempt History Current Attempt in Progress Cullumber Company purchased real estate for $1,170,000, which included $5,000 in legal fees. It paid $246.000 cash and incurred a mortgage payable for the balance. The real estate included land that was appraised at $470,400, a building appraised at $739.200 and fences and other land improvements appraised at $134,400. The building has an estimated useful life of 60 years and a $51.000 residual value. Land improvements have an estimated 15-year useful life and no residual value. Your answer is incorrect. Calculate the cost that should be allocated to each asset purchased. (Round percentage of total to 2 decimal places, sg. 52.65% and final answers to O decimal places, e.g. 5,275.) Land Building Land Improvements $