Your Answer (Xincorrect Walnut Corp. purchases land, building, and equipment for $420,000 from Pine Corp. The values of the assets are as follows: Pine Corp.'s Asset Fair Value Book Value Land $140,000 $100,000 Equipment 60,000 80,000 Building 200,000 300,000 At what amount should Walnut record the building? $300,000 $262,500 $210,000 $200,000