Terra University Purchased the Hill Apartments and the Land on Which

Terra University purchased the Hill Apartments and the land on which the apartments are located. The University plans to demolish the apartments and build a new student recreational center on the site. The cost to demolish the Hill Apartments should be

A) depreciated over the life of the Student Recreational Center.
B) written off as a loss in the year the apartments are demolished.
C) expensed in the period of demolition.
D) capitalized as part of the cost of land.
E) none of the above.