REFERENCE: Ref.03_12 Watkins,Inc.acquires All of the Outstanding Stock of Glen Corporation on Corporation

REFERENCE: Ref.03_12
Watkins,Inc.acquires all of the outstanding stock of Glen Corporation on January 1,2009.At that date,Glen owns only three assets and has no liabilities:
-If Watkins pays $450,000 in cash for Glen,what allocation should be assigned to the subsidiary's Equipment in preparing for consolidation at December 31,2011,assuming the book value at that date is still $80,000?

A) $(5,000) .
B) $80,000.
C) $75,000.
D) $73,500.
E) $(3,500) .