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WinCo Foods purchased land and a building for a total price...

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Accounting

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WinCo Foods purchased land and a building for a total price of $2,080,000. Individually, the land was appraised at $336,000 and the building at 1,904,000. How much should be recorded as the acquisition cost of each asset? Select one; a. Land $336,000; Building $1,744,000 b. Land $1,040,000; Building $1,040,000 c. Land $312,000; Building $1,768,000 d. Land $320,000; Building $1,760,000 e. Land $336,000; Building $1,904,000

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