Subject:ACCT336 (INTERMEDIATE ACCOUNTING 2) Please Solve faster as soon as possible I just want the correct answer Thanks Moe Patrik

Caritas is a charitable Organization which has received a donation of building from Amar Co. in the suburbs of Ein Kenya. The building had an original cost of $300,000, an accumulated depreciation of $120,000, and a fair market value of $200,000. In return, Caritas promises to use this building as a nursing home for elderly people. The journal entry by Amar to record this donated asset will include a a. Debit for: Contribution Expense $180,000; Loss on Disposal $20.000; Accumulated Depreciation $120,000. Credit for: Building $320,000. b. Debit for: Contribution Expense $200,000; Credit for: Building $200,000. c. Debit for: Contribution Expense $200,000; Accumulated Depreciation $120,000. Credit for: Building $300,000; Gain on Disposal 20.000. d. Debit for: Contribution Expense $200,000. Credit for: Building $180.000: Gain on Disposal 20.000