Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,805,000. Harding paid $490,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $518,000, Building. $1.540,000 and Equipment, $1,022,000. (Round percentages to two decimal places: ie.054 -5%). What value will be reported for the building on the balance sheet? Multiple Choice O $245,000 $902,500 $265,000