Belgrade Lakes Properties is developing a golf course subdivision that includes 225 home lots; 100 lots are golf course lots and will sell for $102,000 each; 125 are street frontage lots and will sell for $72,000. The developer acquired the land for $1,870,000 and spent another $1,470,000 on street and utilities improvement. Compute the amount of joint cost to be allocated to the street frontage lots using value basis