1 point Greenville purchased land and a building for $300,000. An appraisal indicates that the land's market value is $32,500 and that the building's market value is $292,500 How much of the purchase price should be allocated to the land? How much of the purchase price should be allocated to the building? Land: $32,500, Building: $292,500 Land: $270,000, Building: $30,000 Land: $30,000, Building $270,000 Land $292,500, Building: $32,500