Answer the following while showing the steps how to find the answer:

Allocation of Package Purchase Price Andrew Lupino went into business by purchasing a car lubrication station consisting of land, a building, and equipment. The seller's original asking price was $240,000. Lupino hired an appraiser for $3,000 to appraise the assets. The appraised valuations were Assessed Value Property Land Building Equipment $43,000 95,000 62,000 $200,000 Total After receiving the appraisal, Lupino offered $183,000 for the business. The seller refused this offer. Lupino then offered $187,000 for the business, which the seller accepted. Using the appraisal values as a guide, allocate the total purchase price of the car lubrication station to the Land, Building, and Equipment accounts. Allocation of Purchase Price Asset Land Building Machinery Total$