front-end loader should be reported in IC comput 1 E9-2B. Allocation of Package Purchase Price Joe Comey went into business by purchasing a car lubrica tion station, consisting of land, a building, and equipment. The seller's original asking price was $240.000. Comey hired an appraiser for $3,000 to appraise the assets. The appraised valuations were land, S43.000: building, $95.000; and equipment, $62,000. After receiving the appraisal. Comey of- fered $183,000 for the business. The seller refused this offer. Comey then offered $190,000 for the business, which the seller accepted. Using the appraisal values as a guide, allocate the total purchase price of the car lubrication station to the Land, Building, and Equipment accounts. F9.3 Danraminti