15. Carlton Enterprises recently purchased Xavier Hotel and the land on which it is located with the plan to tear down the Xavier Hotel and build a new luxury hotel on the site. The cost of the Xavier Hotel should be a. depreciated over the period from acquisition to the date the hotel is scheduled to be torn down. b. accounted for under the disposal of the building and discontinued. c. written off as an extraordinary loss in the year the hotel is torn down. d. capitalized as part of the cost of the land