Home Properties is developing a subdivision that includes $360$ home lots. The $240$ lots in the Canyon section are below a ridge and

do not have views of the neighboring canyons and hills; the $120$ lots in the Hilltop section offer unobstructed views. The expected

selling price for each Canyon lot is $$43,000$ and for each Hilltop lot is $$105,000.$ The developer acquired the land for $$2,400,000$ and

spent another $$1,200,000$ on street and utilities improvements.

Assign the joint land and improvement costs of $$3,600,000$ to the Canyon section and the Hillop section using the value basis of

allocation.

Note: Do not round your intermediate calculations.

Answer is not complete.