Chico Company paid $950,000 for a basket purchase that included office furniture, a bullding and land. An appraiser provided the following estimates of the market values of the assets if they had been purchased separately: Office furniture, $190,000; Bullding. $740,000; and Land, $132,000. Based on this information, what is the cost that should be allocated to the office furniture? (Round your intermediate percentages to two decimal places: i.e. 0.1589=16%.) Multiple Choise $190,000 $171,000 $316,667