Land and a warehouse were acquired for $840,000. What amounts should be recorded

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Land and a warehouse were acquired for $840,000. What amounts should be recorded in the accounting records for land and for the warehouse if an appraisal showed the estimated values to be $560,000 for the land and $830,000 for the warehouse? (Round intermediate percentage calculations to 1 decimal place.)

Land and a warehouse were acquired for $840,000. What amounts should be recorded in the accounting records for land and for the warehouse if an appraisal showed the estimated values to be $560,000 for the land and $830,000 for the warehouse? (Round intermediate percentage calculations to 1 decimal place.)

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