TEXT: Allocation of Package Purchase Price Tamock Company purchased a plant from one of its suppliers. The $950,000 purchase price included the land, a building, and factory machinery. Tamock also paid $6,000 in legal fees to negotiate the purchase of the plant. Arn appraisal showed the following values for the items purchased: Assessed Value Property Land Building Machinery318,000 $126,000 456,000 TotalF $900,000 Using the assessed value as a guide, allocate the total purchase price of the plant to the land, building, and machinery accounts in Tamock Company's records. Do not round until your final answers. Round answers to the nearest dollar.