31. Minerva Company purchased land and a building for a total price of $5,200,000. Individually, the land was appraised at $840,000 and the building at $4,760,000. How much should be recorded as the acquisition cost of each asset? A) Land, $840,000; building, $4.760,000 B) Land, $840,000; building, $4,360,000 C) Land, $780,000; building. $4,420,000 D) Land, $800,000; building, $4,400,000