Tien purchases an office building for $400,000. The purchase price is properly allocated as 90 percent to the building and 10 percent to the land. Two years after the purchase, Tien remodels one floor of the building at a cost of $25,000. Property taxes total $4,000 (property taxes were not assumed for the seller). Total depreciation of $36,000 is deducted on the building over 3 years. Determine the adjusted basis of the building and the land as of the end of the 3 years. O $349.000 for building: $40,000 for land O $56,500 for building: $7,500 for land O $89.000 for building: $10,000 for land $353,000 for building: $40,000 for land O $346,500 for building: $42,500 for land