Before application of the IFRS Revaluation option, the 12/31/24 balance sheet of the Ney Company included its only building:

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

The fair value at 12/31/24 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 12/31/24 Accumulated Depreciation account and the 12/31/24 Total Stockholders' Equity, respectively?

Select one:

a. $22,500, $40,000

b. $80,000, $80,000

c. $45,000, $45,000

d. $22,500, $180,000

e. $80,000, $125,000