Wicked Limited acquired 100% of the share capital of Games Limited. At the date of the acquisition, the buildings recorded in Games Limited's financial statement had a cost value $115 000 and accumulated depreciation 51,000. The fair value of Games Limited's Buildings on acquisition date was $71 000. The company tax rate was 30%. The Business Combination Valuation Entry to be recognised by Wicked Limited for the Building at acquisition date is:

Select one:

a.

DR Accumulated Depreciation $ 51,000

CR Buildings$ 44,000

CR Deferred Tax Liability$ 2,100

CR BCVR$ 4,900

b.

DR Buildings $ 7,000

CR Deferred Tax Liability$ 2,100

CR BCVR$ 4,900

c.

DR Accumulated Depreciation $ 44,000

DR Buildings$ 7,000

CR Deferred Tax Liability$ 2,100

CR BCVR$ 48,900

d.

DR BCVR$ 30,800

DR Deferred Tax Asset $ 13,200

CR Building$ 44,000

e.None of the other options.