Tonto Company purchased property for $$100,000.$ The property

included a building, equipment and land. The building was appraised

at $$62,000,$ the land at $$45,000,$ and the equipment at $$18,000.$ What

is the amount of cost to be allocated to the building in the

accounting records?$($Round your intermediate

calculations to $3$ decimal places.$)$Multiple Choice$$100,000$$$62,000$$$0$$$49,600$