Sheffield Corp. purchased the assets of Ivanhoe Company at an auction for $5955000. An independent appraisal of the fair value of the assets is listed below: Land $1865000 Building 2980000 Equipment 2320000 Trucks 3320000 Assuming that specific identification costs are impracticable and that Sheffield allocates the purchase price on the basis of the relative fair values, what amount would be allocated to the Building? $2320000 $2980000 $1692504 $5242500