On January 1, Year 5, Poor Co. acquired 80 percent of the outstanding common shares of Standard Inc. by paying cash of $275,000. The carrying amounts and fair values of both companies immediately before the acquisition were as follows:

	Poor Co. Carrying amounts			Poor Co. Fair values			Standard Inc. Carrying amounts				Standard Inc. Fair values
													Current assets	$	470,000		$	485,000		$	100,000		$	120,000
													Plant assets		2,879,000			3,200,000			175,000			250,000
Intangibles		45,000			50,000			50,000			75,000
	$	3,394,000					$	325,000
Current liabilities	$	367,000		$	355,000		$	125,000		$	125,000
Long-term debt		1,462,000			1,460,000			50,000			40,000
Common shares		1,000,000						60,000
Intangibles		565,000						90,000
	$	3,394,000					$	325,000

What amount would Poor Co. report for plant assets on its consolidated financial statements immediately after the acquisition transaction?

A) $3,114,000

B) $3,054,000 C) $3,079,000 D) $3,129,000