Sunland Realty Company purchased a plot of ground for $2,000,000 and spent $3,800,000 in developing it for building lots. The lots were classified into Highland, Midland, and Lowland grades, to sell at $139,500, $104,625, and $69,750 each, respectively. Complete the table below to allocate the cost of the lots using a relative sales value method.

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