5) Large Construction Ltd. bought land, a building, and equipment for a lump-sum of $1,800,000. Following are the appraised fair market values of the newly acquired assets: Land $600,000 Building 900,000 Equipment 400,000 Determine the cost of each asset. Round to the nearest dollar if necessary. Land Building Equipment

5) Large Construction Ltd. bought land, a building, and equipment for a lump-sum of $1,800,000. Following are the appraised fair market values of the newly acquired assets: Determine the cost of each asset. Round to the nearest dollar if necessary