question 4

chapter 7 (my lab)

static) Points: 0 of 2 Save Cole Company purchased a building and land for $540,000 in total. Individually the land appraised for S168,000 and the building appeained for $392,000. How much of the purchase price should be allocated to the cost of the land? A $117,600 OB. $540,000 OC$168,000 OD. $162,000