Carha Vista Farms purchased reatestare for $1,200,000, which included $4,900 in legal fees. It pajdi $254,000 cach and incurred a mortisage payable for the balance. The real estate included tand that was appraised at $483,120, a building appraised at $738,100, and fences and other tand improvernemts appraised at $120,780. The building texs an estimated usefullife of 60 yearsand a 551,000 residual value. Land improvements have an estimated 15 -year useful iife and no residtal value. (a) Your answet is curtect. Calculate the cest that showd be allocated to exch asset purchased