TB MC Qu$.7-64($Static$)$ A company purchased land, a$...$

A company purchased land, a building, and equipment for one price of $$800,000.$ The estimated fair values of the land, building, and equipment are $$100,000,$$$700,000,$ and $$200,000,$ respectively. At what amount would the company record the land?

Multiple Choice

$$100,000$

$$800,000$

$$90,000$

$$80,000$