Zeidler Company bought a building and the land on which the building is located for a total cash price of $186,500. The company paid transfer costs of $3,700. Renovation costs on the building were $19,540. An independent appraiser provided market values for the land, $280,000, and building. $1,120,000 before renovation. Required: Apportion the cost of the property on the basis of the appraised values. (Input all amounts as positive values.)