how do you find land and building amount for part d?

Carver Inc. purchased a building and the land on which the building is situated for a total cost of $877300 cash Th appraised at $191,690 and the building at $817,205. Required b. Determine the amount of the purchase cost to allocate to the land and the amount to allocate to the building, c. Would the company recognize a gain on the purchase? d. Record the purchase in a horizontal statements model Complete this question by entering your answers in the tabs below. Required B Required Required D Record the purchase in a horizontal statements model. In the Cash Flow column, indicate whether the item is an opera or a financing activity (FA). If an element is not affected by the event, leave the cell blank. Enter any decreases to acco minus sign. Round intermediate calculations to 2 decimal places and final answers to the nearest whole number.) CARVER INC Horizontal Statements Model Balance Sheet Income Statement Statement of Cash Flows Assets Land Liabilities + Equity Revenue Net Income Expense - + Building Cash (877,300) + 01 + 0 0 0 0 =