PLEASE EXPLAIN THE ANSWER STEP BY STEP. THANK U.

Barbara Co. paid $110,000 for the net assets of Coronel Corp. At the time of the acquisition the following information was available related to Coronel's balance sheet: Current Assets Building Equipment Liabilities Book Value $50,000 80,000 40.000 30,000 Fair Value $ 50,000 100,000 50,000 30,000 What is the amount recorded by Barbara Co. for the Building? a. $110,000 b. $100,000 c. $80,000 d. $30,000