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Millburn Corporation has acquired a property that included both land and a building for $510,000. The corporation hired an appraiser who has determined that the
Millburn Corporation has acquired a property that included both land and a building for $510,000. The corporation hired an appraiser who has determined that the market value of the land is $340,000 and that of the building is $490,000. At what amount should the corporation record the cost of land? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) O A. $139,400 O B. $209,100 O C. $311,100 O D. $255,000
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