E9-2A. Allocation of Package Purchase Price Tamarack Company purchased a plant from one of its suppli- ers. The $1,000,000 purchase price included the land, a building, and factory machinery. Tamarack also paid $6,000 in legal fees to negotiate the purchase of the plant. An appraisal showed the following values for the items purchased: Assessed Value Property Land ....................................................... ..... Building.............. Machinery..... Total ......................................................... $126,000 456,000 318,000 $900,000 Using the assessed value as a guide, allocate the total purchase price of the plant to the land, building, and machinery accounts in Tamarack Company's records