Atwater Company acquires 80 percent of the outstanding voting stock of Belwood Company. On that date, Belwood possesses a building with a $160,000 book value but a $220,000 fair value. Assuming that a bargain purchase has not been made, at what value would this building be consolidated under each of the following?

a. Economic unit concept. b. Proportionate consolidation concept. c. Parent company concept.