Help Save & Exit Laramie Company paid $1,400,000 for a purchase that included land, building, and office furniture. An appraiser provided the following estimates of the market values of the assets if they had been purchased separately: Land, $300,000, Building, $810,000, and Office Furniture, $390,000. Based on this information the cost that would be allocated to the land is: Note: Do not round intermediate calculations.

Laramie Company paid $1,400,000 for a purchase that included land, building, and office furniture. An appralser provided the foliowing estimates of the market values of the assets if they had been purchased separately. Land, $300,000. Building, $810,000, and Office Furniture, $390,000. Based on this information the cost that would be allocated to the land is. Note: Do not round intermediate calculations