Parker Inc. purchased property that included both land and a building for $665,000.

Parker Inc. purchased property that included both land and a building for $665,000. The appraisal estimated the fair market value of the land to be $225,000 and the building to be $550,000 for a total FMV of both of $775,000. When recording the acquisition of the property how much should be debited to the building account? (Note:When performing the calculations round the % of FMV to the nearest whole percent. For example, 0.4532 would be 45% when rounded to the nearest whole percent.)