Simpson and Homer Corporation acquired an office building on three acres of land for a lump-sum price of $3,200,000. The building was completely furnished. According to independent appraisals, the fair values were $2,320,000, $2,900,000, and $580,000 for the building, land, and furniture and fixtures, respectively. The initial values of the building, land, and furniture and fixtures would be: a. Building $2,320,000 Land $2,900,000 Fixtures $580,000 b. $1,280,000 $1,600,000 $320,000 C. $1,600,000 $1,280,000 $320,000 d. None of these answer choices are correct.