Balter Inc The Building Has a 10-Year Remaining Useful Life and the Occurred

Multiple Choice

Balter Inc.acquired Jersey Company on January 1, 2016.When the purchase occurred Jersey Company had the following information related to fixed assets:
$$\begin{array} { l r } \text { Land } & \$ 80,000 \\\text { Building } & 200,000 \\\text { Accumulated Depreciation } & ( 100,000 ) \\\text { Equipment } & 100,000 \\\text { Accumulated Depreciation } & ( 50,000 ) \end{array}$$ The building has a 10-year remaining useful life and the equipment has a 5-year remaining useful life.The fair value of the assets on that date were:

$$\begin{array} { l r } \text { Land } & \$ 100,000 \\\text { Building } & 130,000 \\\text { Equipment } & 75,000\end{array}$$ What is the 2016 depreciation expense Balter will record related to purchasing Jersey Company

A) $8,000
B) $15,000
C) $28,000
D) $30,000