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Can you help me with this question? Big Company purchased the assets of Little Company at an auction for $4,200,000. An independent appraisal of the

Can you help me with this question?

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Big Company purchased the assets of Little Company at an auction for $4,200,000. An independent appraisal of the fair value of the assets is listed below: Land $1,425,000 Building 2,100,000 Equipment 1,575,000 Trucks 2,550,000 Assuming that specific identification costs are impracticably and that Big allocates the purchase price on the basis of the relative fair values, what amount would be allocated to the Building? $2,100,000 $1,400,000 $2,520,000 $2,550,000

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