Utah Inc. acquired all of the outstanding common stock of Trimmer Corp. on January 1, 2009. At that date, Trimmer owned only three assets and had no liabilities:
Book Value:
Inventory 36,000
Equipment (5 - year life) 84,000
Building (10 - year life) 120,000
Fair Value:
Inventory 48,000
Equipment 60,000
Building 180,000
If Utah paid $300,000 in cash for Trimmer, what allocation should have been assigned to the subsidiary's Building account and its Equipment account in a December 31, 2011 consolidation?