Before application of the IFRS Revaluation option, the 12/31/17 balance sheet of the Ney Company included its only building:

Building	$500,000
A/D	(320,000)
Book Value	$180,000

The fair value at 12/31/17 was $360,000. No revaluation was recorded in prior years. The Proportional Revaluation method is used. What is the effect of the revaluation adjustment on the 12/31/17 Accumulated Depreciation account and the 12/31/17 Total Stockholders' Equity, respectively?

Select one:

a. $180,000, $360,000b. $360,000, $180,000c. $180,000, $320,000d. $320,000, $180,000e. $360,000, $360,000