Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,615,000. Harding paid $420,000 and issued a hote payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $706,440; Building, $1,057,560 and Equipment, $754,000. What value will be recorded for the building? Multiple Choice $176,400 $1,057,560 $295,000 $678,300