Wilson Inc. wishes to use the revaluation model for this property: Building Gross Value Building Accumulated Depreciation Net carrying value Before Revaluation $120,000 40,000 80,000 The fair value for the property is $40,000. Using straight-line depreciation and assuming that the property has a remaining depreciable life of 5 years, how much would be booked to accumulated depreciation in the year subsequent to the revaluation? OA. $16,000 debit OB. $16,000 credit OC. $8,000 credit OD. $8,000 debit