81. Vibe Company purchased the net assets of Atlantic Company in a business combination accounted for as a purchase. As a result, goodwill was recorded. For tax purposes, this combination was considered to be a tax-free merger. Included in the assets is a building with an appraised value of P210,000 on the date of the business combination. This asset had a ne book value of P70,000, based on the use of accelerated depreciation for accounting purposes . The building had an adjusted tax basis to Atlantic (and to Vibe as a result of the merger) of P120.000. Assuming a 36% income tax rate, at what amount should Vibe record this building on its books after the purchase P140,000 P210.000 0 P120,000 b. P134.400 c. d