Required information Paper Corporation owns 75 percent of Scissor Company's stock. On July 1, 20X8, Paper sold a building to Scissor for $33,000. Paper had purchased this building on January 1, 20X6, for $36,000. The building's original eight-year estimated total economic life remains unchanged. Both companies use straight-line depreciation. The building's residual value is considered negligible. Based on the information provided in the preparation of the 20X8 consolidated financial statements, building will be in the consolidating entries. Multiple Choice O debited for $33,0 debited for $36 o created to $36.000 debited for $3,000