Bullen inc. assumed 100% control over Vickers Inc. on January


Bullen inc. assumed 100% control over Vickers Inc. on January 1,2023, using the acquisition.  The acquisition. The book value and fair market value of Vicker’s accounts on that date ( prior to creating the combination) follow, along with the book value of bullen’s accounts.

                                              Bullen              Vicker            vicker                   Remaining

                                               Book value      Book value     Fair value            Useful

Retained earning, 1/1/23        $160000        $240000                                          Life

Cash receivables                    1700000            70000           70000

Inventory                           230000             170000             210000

Land                                  280000            220000              240000

Building(net)                      480000              240000              270000                 10 years 

Equipment(net)                  120000              90000                90000                    5 years

Liabilities                            650000             430000              420000                4 years

Common Stock                  360000            80000               

Additional paid in capital     20000              40000

What will be the total Depreciation interest retaliated to vicker’s building, equipment, and liabilities for 2023? 

  1. $49900        B. $44900         C. $4400      D. $5500

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