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Sheridan Realty Company purchased a plot of ground for $1,620,000 and spent $4,150,000 in developing it for building lots. The lots were classified into Highland,

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Sheridan Realty Company purchased a plot of ground for $1,620,000 and spent $4,150,000 in developing it for building lots. The lots were classified into Highland, Midland, and Lowland grades, to sell at $140,000,$105,000, and $70.000 each, respectively. Complete the table below to allocate the cost of the lots using a relative sales value method

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