2 Relative Sales Value Method - Apple Corporation Purchased a track of unimproved land for $610,000. This land was improved and subdevided into building lots at an additional cost of $125,000. These building lots were all of the same size but owing to differences in location were offered for sale at different prices as follows. Group 1 No. of Lots 21 13 Price per Lot 25,000 20,000 18,000 Operating expenses for the year allocated to this project total $72,500. Lots unsold at the year-end were as follows. Group No. of Lots am Instructions At the end of the fiscal year Apple Corporation instructs you to arrive at the net income realized on this Operation to date