Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,045,000. Harding paid $210,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $222,000; Building, $660,000 and Equipment, $438,000. (Round percentages to two decimal places: ie .054 = - 5%). What value will be recorded for the building? $660,000 $522,500 $385,000 $105,000 None of the above