In January 2011, a Keona Company pays $2,800,000 for a tract of land with two buildings on it. It plans to demolish Building 1 and build a new store in its place. Building 2 will be a company office; it is appraised at $641,300 with a useful life of 20 years and $80,000 salvage value. A lighted parking lot near building 1 has improvements (Land Improvements) valued at $408,100 that are expected to last another 14 years with no salvage value. Without the buildings and improvements, the tract of land is valued at $1,865,600. The company also incurs the following additional costs: Cost to demolish building 1 $422,600 Cost of additional land grading $167,200 Cost to construct a new building (building3), having a useful life of 25 years and a $390,000 salvage value $2,019,000 Cost of new land improvements (Land Improvements 2) near building 2 having a 20-year useful life and no salvage value $158,000 Required 2. Allocate the costs incurred by Keona to the appropriate columns and total each column (round percents to the nearest 1%)