Pleasant Hills Properties is developing a golf course subdivision that includes 225 home lots; 100 lots are golf course lots and will sell for $96,000 each; 125 are street frontage lots and will sell for $66,000. The developer acquired the land for $1,810,000 and spent another $1,410,000 on street and utilities improvement. Compute the amount of joint cost to be allocated to the golf course lots using value basis. Multiple Choice $1,785,480. $1,429,640. $2,026,480. $1,487,640. $1,577,800