evaluation appraisal report came back with the following estimated market values: land $3,331,800, building $2,406,300, and land improvements $431,900. Blossom management explained, to the bank's satisfaction, that it paid the $30,000 premium because of th property's proximity to the city centre and access to a large population base from which to draw students. (a1) Allocate the $6.20-million purchase price to the land, building, and land improvements