Nair Company Purchased Land and a Building for a Total

Multiple Choice

Nair Company purchased land and a building for a total price of $15,600,000. Individually, the land was appraised at $2,520,000 and the building at $14,280,000.
How much should be recorded as the acquisition cost of each asset?

A) Land, $2,520,000; building, $14,280,000
B) Land, $2,520,000; building, $13,080,000
C) Land, $2,340,000; building, $13,260,000
D) Land, $2,400,000; building, $13,200,000