Bybee Corporation acquired real estate that contained land, building and equipment. The property cost Bybee $2,280,000. Bybee paid $665,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $703,000; Building, $2,090,000 and Equipment, $1,387,000. (Round percentages to two decimal places: ie .054 = 5%).

What value will be recorded for the building?

	332,500
	190,000
	1,140,000
	2,090,000