A company purchased property for $160,000. The property included a building, equipment and land. The building was appraised at $86,000, the land at $57,000, and the equipment at $30,000 for a total appraised value of $173,000. What is the amount of cost to be allocated to the building in the accounting records? (Round your intermediate calculations to 3 decimal places.)

A.$79,520

B.$86,000

C.$0

D.$160,000