"On June 30, 2017, Macrosoft Company acquired a 10-acre tract of land. On the tract was a warehouse that Macrosoft intended to use as a distribution center. At the time of purchase, the land had an assessed tax value of $6,300,000, and the building had an assessed tax value of $11,200,000. Macrosoft paid $15,000,000 for the land and building. After the purchase, the company paid $1,000,000 to have various modifications made to the building.Required: 1. At what amount should Macrosoft record the land and building? 2. For financial reporting purposes, why might Macrosoft managers prefer to assign a large"