Given Data:
Cost of tract of land and two buildings	$ 540,000
Appraisal value of Building B	$ 189,108
Value of Land Improvements B	$ 50,058
Estimated value of Land	$ 317,034
Cost to demolish Building A	$ 46,800
Cost to landscape new building site	$ 69,000
Cost to construct new building (Building C)	$ 542,400
Cost of new land improvements (Land Improvements C)	$ 40,500
Part 1
	Land	Building B	Building C	Land Improvements B	Land Improvements C
Purchase price*
Demolition
Landscaping
New building
New improvements
Total
*Allocation of purchase price