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On April 1, Crane Company purchased for $1557000 a tract of land on which a warehouse and office building was located. The following data were

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On April 1, Crane Company purchased for $1557000 a tract of land on which a warehouse and office building was located. The following data were collected concerning the property: Land Warehouse Office building Current Assessed Valuation $620000 400000 780000 $1800000 Vendor's Original Cost $570000 370000 674000 $1614000 What are the appropriate amounts that Crane should record for the land, warehouse, and office building, respectively? O Land, $536300; warehouse, $346000; office building, $674700. Land, $577125; warehouse, $374625; office building, $682425. O Land, $570000; warehouse, $370000; office building, $674000. O Land. $620000; warehouse, $400000; office building, $780000

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