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Carmela Company purchased a building and land for $500,000 in total. Individually, the land appraised for $238,500 and the building appraised for $291,500. How much

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Carmela Company purchased a building and land for $500,000 in total. Individually, the land appraised for $238,500 and the building appraised for $291,500. How much of the purchase price should be allocated to the cost of the land? OA. $131,175 OB. $225,000 O C. $500,000 OD. $238,500

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