Land, a Building and Equipment Are Acquired for a Lump

Land, a building and equipment are acquired for a lump sum of $6,000,000. The market values of the land, building and equipment are $400,000, $800,000 and $300,000, respectively. What is the cost assigned to the equipment? (Do not round any intermediary calculations, and round your final answer to the nearest dollar.)

A) $500,000
B) $1,200,000
C) $300,000
D) $2,000,000