AFM Holdings Co. purchased 15 acres of land with an office building and warehouse on it for $2,000,000. The assets were appraised at: land $1,000,000, building $600,000, and warehouse $900,000. The assets were carried on the seller's books at: land $800,000, building $500,000, and warehouse $700,000. At what cost should the purchasing company record each of the assets?

Land, Building, Warehouse:

a. $1,000,000, $600,000, $900,000

b. $800,000, $480,000, $720,000

c. $800,000, $500,000, $700,000

d. $1,000,000, $500,000, $500,000