Simpson and Homer Corporation acquired an office building on three acres of land for a lump-sum price of $2,800,000. The building was completely furnished. According to independent appraisals, the fair values were $1,680,000, $2,100,000, and $420,000 for the building, land, and furniture and fixtures, respectively. The initial values of the building, land, and furniture and fixtures would be: a. b. Building Land Fixtures $1,680,000 $2,100,000 $420,000 $1,120,000 $1,400,000 $280,000 $1,400,000 $1,120,000 $280,000 None of these answer choices are correct. d. Multiple Choice Option A Option B O O Option C Option D