11. On July 1, 2020 ABC, Inc. purchased land with an office building for $540,000. The following information was available on the day of the transaction:

	Fair market Value (Appraised Value)	Original Cost ON seller's Book
land	$274334	$164600.4
Building	311357	217949.9
total	$585691	382550.3

On July 1, 2020, the building must be registered by

a. $287067.38

b. $274334.00

c. $252932.62

d. $270,000