Hawkeye Corporation Has Acquired a Property That Included Both Land

Hawkeye Corporation has acquired a property that included both land and a building for $570,000.The corporation hired an appraiser who has determined that the market value of the land is $300,000 and that of the building is $430,000.At what amount should the corporation record the cost of land? (Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar. )

A) $444,600
B) $123,000
C) $285,000
D) $233,700