Birken Co. purchased a building for $850,000 in 2004. At the end of 2016, when it had a book value of $675,000, it was appraised for $2,000,000. A potential buyer offered $400,000. Birken rejected the offer. What amount should be recorded on Birken's records at the end of 2016 in the account called Buildings? $675,000 $175,000 $850,000 $350,000