Large Construction Ltd. bought land, a building, and equipment for a lump-sum of $1,800,000. Following are the appraised fair market values of the newly acquired assets: $\begin{array} { l r } \text { Land } & \$ 600,000 \ \text { Building } & 900,000 \ \text { Equipment } & 400,000 \end{array}$
Determine the cost of each asset. Round to the nearest dollar if necessary.
Land _________
Building ______
Equipment _____

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The Answer of Large Construction Ltd. bought land, a building, and equipment for a lump-sum of $1,800,000. Following are the appraised fair market values of the newly acquired assets: $\begin{array} { l r } \text { Land } & \$ 600,000 \ \text { Building } & 900,000 \ \text { Equipment } & 400,000 \end{array}$
Determine the cost of each asset. Round to the nearest dollar if necessary.
Land _________
Building ______
Equipment _____

Large Construction Ltd Land $600,000 Building 900,000 Equipment 400,000\begin{array} { l r } \text { Land } & \$ 600,000 \\ \text { Building } & 900,000 \\ \text { Equipment } & 400,000 \end{array} Land Building Equipment ​$600,000900,000400,000​

Large Construction Ltd $\begin{array} { l r } \text { Land } & \$ 600,000 \\ \text { Building } & 900,000 \\ \text { Equipment } & 400,000 \end{array}$