A company acquired an office building on three acres of land for a lump-sum price of $2,450,000. The building was completely furnished. According to independent appraisals, the fair values were $1,120,000, $1,400,000, and $280,000 for the building, land, and furniture, respectively. The initial values of the building, land, and furniture would be:

Building Land Furniture

a. $ 1,120,000 $ 1,400,000 $ 280,000

b. $ 980,000 $ 1,225,000 $ 245,000

c. $ 1,225,000 $ 980,000 $ 245,000

d. None of the other answer choices are correct.