A company purchases a 24,080-square-foot building for $753,000. The bullding has two separate rental units. Unit A, which has the desirable location on the corner and contains 6,880 square feet, will be rented for $2.50 per square foot. Unit B contains 17,200 square feet and will be rented for $1.50 per square foot. Compute the amount of joint cost that should be allocated to Unit B using the value basis of allocation:

options

Multiple Choice $451,800. $301,200. $602400 $502,000. $489,450