Pattia Company purchased property with a warehouse and parking lot for $1,500,000. An appraiser valued the components

Question:

Pattia Company purchased property with a warehouse and parking lot for $1,500,000. An appraiser valued the components of the property if purchased separately as follows.
Land .............. $ 400,000
Land improvements ........ 200,000
Building ............. 1,000,000
Total ............. $1,600,000
Determine the cost to be assigned to each component.