6. Package Purchases: Woodland Co. purchased a freight terminal that included land, a building, and some loading equipment for an aggregate price of $200,000. The estimated market value of the land, building, and equipment is $50,000, $150,000, and $25,000 respectively. Using the estimated market value as a guide, allocate the total purchase price of the freight terminal to the land, building and equipment accounts in Woodland Co.'s records. ANSWER: Amount Allocated To: Land Building Equipment