Bailey, Inc., buys 70 percent of the outstanding stock of Luebs, Inc. Luebs owns a building that cost $200,000 but was worth $400,000 at the acquisition date. What value should be attributed to this building in a consolidated balance sheet at the date of takeover if Bailey is using the acquisition method in business combination?

		A.$140,000.
		B.$200,000.
		C.$340,000.
		D.$400,000.