p Corp. owned 80% of the outstanding common stock of Cinc on January 1, 2019, P Corp. acquired a building with a ten-year life for $450,000. No salvage value was anticipated and the building was to be depreciated on the straight-line basis. On January 1.2021, P Corp. sold this building to C Inc. for $412,000. At that time, the building had a remaining life of eight years but still no expected salvage value. For consolidation purposes, what is the Excess Depreciation (ED entry) for this building for 2021? Credit Event A) General Journal Accumulated Depreciation Depreciation Expense Debit 6,500 6,500 B) 5,200 Accumulated Depreciation Depreciation Expense 5,200 C) 6,500 Depreciation Expense Accumulated Depreciation 6,500 D) 5,200 Depreciation Expense Accumulated Depreciation 5,200 E) 45,000 Accumulated Depreciation Depreciation Expense 45,000 Option E. Option C. Option B. Option D. Option A