On April 1, Mooney Corporation purchased for $1,620,000 a tract of land on which a warehouse and office building was located. The following data were collected concerning the property:
Current Assessed Valuation:
Land 600,000
Warehouse 400,000
Office Building 800,000
Total 1,800,000
Vendor's Original Cost:
Land 550,000
Warehouse 370,000
Office Building 680,000
Total 1,600,000
What are the appropriate amounts that Mooney should record for the land, warehouse, and office building, respectively?
Land $540,000
Warehouse $360,000
Office building $720,