In 1990, Johnson Company purchased a building for $180,000. In 2020, a real estate professional says the building has a fair value of $1,000,000. In 2020, 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, 2020? O A. $180,000 OB. $900,000 OC. $590,000 OD. $1,000,000