Ten years ago, a company purchased a building for $120,000. At that time, the company felt that the building was worth $145,000. The current market value of the building is $450,000. The building has been assessed at $425,000 for property tax purposes. At which amount should the company record the building in its accounting records?

A.$145,000

B.$450,000

C. $425,000

D. $120,000