Sandhill Realty Company purchased a plot of ground for $1,960,000 and spent $3,600,000 in developing it for building lots. The lots were classified into Highland, Midland, and Lowland grades, to sell at $122,000, $91,500, and $61,000 each, respectively. Complete the table below to allocate the cost of the lots using a relative sales value method.

											Apportioned Cost
Grade		No. of Lots			Selling Price		Total Revenue		% of Total Sales		Total		Per Lot
Highland		20			$		$		%		$		$
Midland		40							%
Lowland		100							%
		160					$