Ten years ago a corporation purchased a building for

$ 160 comma 000

.

At that time, the corporation felt that the building was worth

$ 185 comma 000

.

The current market value of the building is

$ 460 comma 000

.

The building has been assessed at

$ 435 comma 000

for property tax purposes. At which amount should the corporation record the building in its accounting records?

A.

$ 160 comma 000

B.

$ 435 comma 000

C.

$ 460 comma 000

D.

$ 185 comma 000