Fullerton Waste Management purchased land and a warehouse for $690,000 In addition to the purchase price, Fullerton made the following expenditures related to the acquisition: broker's commission, $39,000; title insurance, $7, 500; miscellaneous dosing costs, $10, 500. An independent appraisal estimates the fair values of the land and warehouse at $592, 500 and $197, 500, respectively. Determine the amounts Fullerton should capitalize as the cost of the land and the building