ACME CoPaid $110,000 for the Net Assets of Comb Corp

Multiple Choice

ACME Co.paid $110,000 for the net assets of Comb Corp.At the time of the acquisition the following information was available related to Comb's balance sheet:
$$\begin{array} { l r r } & \text { Book Value } & \text { Fair Value } \\\text { Current Assets } & \$ 50,000 & \$ 50,000 \\\text { Building } & 80,000 & 100,000 \\\text { Equipment } & 40,000 & 50,000 \\\text { Liabilities } & 30,000 & 30,000\end{array}$$ What is the amount recorded by ACME for the Building

A) $110,000
B) $20,000
C) $80,000
D) $100,000