REFERENCE: Ref.03_11 Prince Company Acquires Duchess,Inc.on January 1,2009.The Consideration Transferred Exceeds the Exceeds

REFERENCE: Ref.03_11
Prince Company acquires Duchess,Inc.on January 1,2009.The consideration transferred exceeds the fair value of Duchess' net assets.On that date,Prince has a building with a book value of $1,200,000 and a fair value of $1,500,000.Duchess has a building with a book value of $400,000 and fair value of $500,000.
-If push-down accounting is used,what amounts in the Building account appear on Duchess' separate balance sheet and on the consolidated balance sheet immediately after acquisition?

A) $400,000 and $1,600,000.
B) $500,000 and $1,700,000.
C) $400,000 and $1,700,000.
D) $500,000 and $2,000,000.
E) $500,000 and $1,600,000.