Timberly Construction negotiates a lump -sum purchase of several assets from a company that is going out of business. The purchase is completed on January 1, 2013, at a total cash price of $830,000 for a building, land, land improvements, and four vehicles. The estimated market values of the assets are building, $430,100; land, $280,500: land improvements, $28,050, and four vehicles, $196,350. The company's fiscal year ends on December 31. Required: 1.1 Prepare a table to allocate the lump -sum purchase pnce to the separate assets purchased.Building S 430,100 Land 280.500 Land improvements 28.050 Vehicles 196,350 Total 935.000