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Following are selected accounts for Green Corporation and Vega Company as of December 31, 2015. Several of Green's accounts have been omitted. Green Vega Revenues

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Following are selected accounts for Green Corporation and Vega Company as of December 31, 2015. Several of Green's accounts have been omitted. Green Vega Revenues $900,000 S500,000 360,000 200,000 40,000 60,000 Cost of goods sold Depreciation expense Other expenses Equity in Vega's income Retained earnings, 1/1/15 Dividends Current assets Land 140,000 100,000 1,350,000 1,200,000 80,000 300,0001,380,000 450,000 180,000 750,000280,000 300,000 500,000 600,000 620,000 80,000 75,000 320,000 195,000 Building (net) Equipment (net) Liabilities Common stock 450,000 Additional paid-in capital Green acquired 100% of Vega on January 1, 2011, by issuing 10,500 shares of its $10 par value common stock with a fair value of $95 per share. On January 1, 2011, Vega's land was undervalued by $40,000, its buildings were overvalued by $30,000, and equipment was undervalued by $80,000. The buildings have a 20-year life and the equipment has a 10-year life. $50,000 was attributed to an unrecorded trademark with a 16-year remaining life. There was no goodwill associated with this investment. Compute the December 31, 2015, consolidated land. $220,000. O $450,000 O $180,000. O $670,000. O $630,000

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