Use the following information to complete Questions 43 and 44 . Ragherty, Inc, purchased land for development for $2,500,000. The land will be parceled into lots and sold for vacation homes as follows: 10 lots (Type A) to seli for $100,000 each; 15 lots (Type B) to sell for $70,000 each; and 20 lots (Type C) to sell for $50,000 each 43. How much of the purchase price of $2,500,000 would be allocated to the Type B lots? A) \$ 860,656 B) $833,333 C) $1,250,000 D) $795,455 44. What is the gross profit for the sale of six Type A lots? A) $75,000 B) $193,333 C) $108,197 D) $266,667