Pleasant Hils Properties is developing a golf course subdivision that includes 225 home lots, 100 lots are golf course lots and will sell for $107,000 each; 125 are street frontage lots and will sell for $77,000. The developer acquired the land for $1,920,000 and spent another $1,520,000 on street and utilities improvement. Compute the amount of joint cost to be allocated to the golf course lots using value basis. Muliple Choice $1,630,560. $1,685,600. $2,103,560 51,862,560