Revi Company purchased land and a building for a total price of $10,400,000. Individually, the land was appraised at $1,680,000 and the building at $9,520,000. How much should be recorded as the acquisition cost of each asset?

A.) Land, $1,680,000; building, $9,520,000

B.) Land, $1,680,000; building, $8,720,000

C.) Land, $1,560,000; building, $8,840,000

D.) Land, $1,600,000; building, $8,800,000