5:22 A company acquired an office building on three acres of land for a lump-sum price of $2,906,250. The building was completely equipped. According to independent appraisals, the fair values were $1,600,000, $820,000, and $656,923 for the building, land, and equipment, respectively. At what amount would the company record the building? Group of answer choices 1,511,250 1,600,000 1,475,000 2,906,250 5:23 AM