The financial statements for Iron Dragon Slayer and Elfman for the year ended December 31, 2021, prior to the business combination whereby Iron Dragon acquired Elfman, are as follows (in thousands): Iron Dragon Elfman Revenues Expenses Net income Retained earnings, 1/1 Net income Dividends Retained earning, 12/31 Cash Receivables and inventory $2,600 $ 700 1,880 400 $ 720 $ 300 $2,400 $ 500 720 300 (270) 0 $2,850 $ 800 $ 240 $ 230 1,200 360 Buildings (net) 2,700 650 Equipment (net) Total assets 2,100 1,300 $6,240 $2,540 Liabilities $1,500 $ 720 Common stock 1,080 400 Additional paid-in capital 810 620 Retained earnings 2,850 800 Total liabilities & stockholders' equity $6,240 $2,540 On December 31, 2021, Iron Dragon obtained a loan for $650 and used the proceeds, along with the transfer of 35 shares of its $10 par value common stock, in exchange for all of Elfman's common stock. At the time of the transaction, Iron Dragon's common stock had a fair value of $40 per share. In connection with the business combination, Iron Dragon paid $25 to a broker for arranging the transaction and $30 in stock issuance costs. At the time of the transaction, Elfman's equipment was actually worth $1,450 but its buildings were only valued at $590. Compute the consolidated buildings (net) account at December 31, 2021. Multiple Choice $3,400. $3,290. $3,350. $2,700. $4,150