Exercise 8-5A Allocating costs on the basis of relative market values Lo 8-1 Carver Inc. purchased a building and the land on which the building is situated for a total cost of $892,400 cash. The land was appraised at $164,202 and the building at $862,058. Required amount to allocate to the a. Determine the amount of the purchase cost to allocato to the land and the building. (Do not round intermediate calculations. Round your final answers to nearest whole dollar) Land Building