The President of Reindeer Corporation Donated a Building to Monday

The president of Reindeer Corporation donated a building to Monday Corporation.The building had an original cost of $500, 000, a book value of $175, 000, and a fair market value of $250, 000.To record this donation, Monday will

A) make a memorandum entry
B) debit Building for $175, 000 and credit Gain for $175, 000
C) debit Building for $250, 000 and credit Gain for $250, 000
D) debit Building for $500, 000 and credit Gain for $500, 000