Paccu corporation acquired 100 percent of sallee company's common stock on january 1, 20x7. balance sheet data for the two companies immediately following the acquisition follow: paccu sallee cash $ 50,000 $ 30,000 accounts receivable 60,000 35,000 inventory 130,000 45,000 land 75,000 60,000 buildings and equipment 310,000 170,000 less: accumulated depreciation (130,000 ) (30,000 ) investment in sallee company stock 250,000 total assets $ 745,000 $ 310,000 accounts payable $ 40,000 $ 35,000 taxes payable 30,000 12,000 bonds payable 250,000 50,000 common stock 75,000 75,000 retained earnings 350,000 138,000 total liabilities and stockholders' equity $ 745,000 $ 310,000 at the date of the business combination, the book values of sallee's assets and liabilities approximated fair value except for inventory, which had a fair value of $55,000, and land, which had a fair value of $65,000. the fair value of land for paccu corporation was estimated at $90,000 immediately prior to the acquisition. based on the preceding information, at what amount should the land be reported in the consolidated balance sheet prepared immediately after the business combination? a) $135,000 b) $140,000 c) $150,000 d) $155,000