Allocation of Package Purchase Price Tamock Company purchased a plant from one of its suppliers. The $\backslash (\backslash$$ $970,000\backslash )$ purchase price included the land, a building, and factory machinery. Tamock also paid $\backslash (\backslash$$ $5,000\backslash )$ in legal fees to negotiate the purchase of the plant. An appraisal showed the following values for the items purchased: Using the assessed value as a guide, allocate the total purchase price of the plant to the land, building, and machinery accounts in Tamock Company's records.