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Current Attempt in Progress Blossom Realty Company purchased a plot of ground for $1,500,000 and spent $3,500,000 in developing it for building lots. The lots

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Current Attempt in Progress Blossom Realty Company purchased a plot of ground for $1,500,000 and spent $3,500,000 in developing it for building lots. The lots were classied into Highland, Midland, and Lowland grades, to sell at $100,000, $75,000, and $50,000 each, respectively. Complete the table below to allocate the cost of the lots using a relative sales value method. Apportioned Cost Total Revenue $6 of Total Sales Total Per Lot l $i l % $| $| | Save for Later Attempts: ID of 1 used Current Attempt in Progress Blossom Realty Company purchased a plot of ground for $1,500,000 and spent $3,500,000 in developing it for building lots. The lots were classified into Highland, Midland, and Lowland grades, to sell at $100,000, $75,000, and $50,000 each, respectively. Complete the table below to allocate the cost of the lots using a relative sales value method. No. of Grade Lots Selling Price Total Revenue % of Total Sales Highland 20 $ % $ Midland 40 % Lowland 100 % 160 to $ Save for Later Attempts: 0 of 1 used Submit

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