On May 1, Pitt Corporation purchased for $1,620,000 a tract of land on which a warehouse and office building was located. The following data were collected concerning the property:

Current Assessed Valuation

Land $600,000

Warehouse 400,000

Office building 800,000

$1,800,000

What are the appropriate amounts that Pitt should record for the land, warehouse, and office building, respectively?

Group of answer choices

Land, $600,000; warehouse, $400,000; office building, $800,000

Land, $556,875; warehouse, $374,625; office building, $688,500.

Land, $540,000; warehouse, $360,000; office building, $720,000.

Land, $550,000; warehouse, $370,000; office building, $680,000.