Leland Co. paid $1,500,000 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, $336,000, Building, $832,000, and Office Furniture, $432,000. Based on this information the cost that would be allocated to the land is: (Do not round intermediate calculations.)

$315,000.

$244,440.

$387,332.

$336,000.