L$01$ E$9-2$A$.$ Allocation of Package Purchase Price Tamarack Company purchased a plant from one of its suppli$-$

ers. The $$1,000,000$ purchase price included the land, a building, and factory machinery. Tamarack also

paid $$6,000$ in legal fees to negotiate the purchase of the plant. An appraisal showed the following values

for the items purchased:

Using the assessed value as a guide, allocate the total purchase price of the plant to the land, building,

and machinery accounts in Tamarack Company's records.