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On April 1 , Waterway Industries purchased for $ 1 6 5 6 0 0 0 a tract of land on which a warehouse and

On April 1, Waterway Industries purchased for $1656000 a tract of land on which a warehouse and office building was located. The following data were collected concerning the property:Current Assessed ValuationVendor's Original CostLand$590000$540000Warehouse400000370000Office building810000674000$1800000$1584000What are the appropriate amounts that Waterway should record for the land, warehouse, and office building, respectively? Land, $542800; warehouse, $368000; office building. $745200. Land, $540000; warehouse, $370000; office building. $674000. Land, $590000; warehouse, $400000; office building, $810000. Land, $546750; warehouse, $374625; office building. $682425.

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