Makemore Company purchases a factory for $800, 000.The purchase price is properly all

ocated 90% to the building and 10% to the land.In the first year, Makemore adds a storage shed to the building at a cost of $8, 000.The utility company pays Makemore $1,500 for an easement to run utility lines across the land.A total depreciation of $45,000 is deducted over the 3 years.Determine the adjusted basis of the building and the land as of the end of year 3:()

A、$728,000 building

B、$78,500 land

C、$683,000 building

D、$80,000 land

E、$683,000 building

F、$78,500 land

G、$728,000 building

H、$80,000 land