In $1990,$ Johnson Company purchased a building for $$160,000.$ In $2022,$ a real estate professional says the building has

a fair value of $$1,600,000.$ In $2022,$ a similar building down the street recently sold for $$900,000.$ What value, before

consideration of accumulated depreciation, is reported for the building on the balance sheet at December $31,2022?$

A$.$ $$1,600,000$

B$.$ $$900,000$

C$.$ $$160,000$

D$.$ $$880,000$