Watkins, Inc. acquires all of the outstanding stock of Glen Corporation on January 1, 2020. At that date, Glen owns only three assets and has no liabilities:

	Book Value			Fair Value
Land	$	40,000		$	50,000
Equipment (10-year life)		80,000			75,000
Building (20-year life)		200,000			300,000

If Watkins pays $300,000 in cash for Glen, at what amount would the subsidiarys Building be represented in a January 2, 2020 consolidation?

Multiple Choice

$225,000.

$279,000.

$300,000.

$273,000.

$200,000.