If a corporation purchases a lot and building and subsequently tears down the building and uses the property as a parking lot, the proper accounting treatment of the cost of the building would depend on

the intention of management for the property when the building was acquired.

Explanation:

From the question, we are informed that if a corporation buys a lot and building and then tears down the building and then uses the property as a parking lot.

It should be noted that based on the above situation, the proper accounting treatment of the cost of the building would depend on the management's intention regarding the property when they bought the building.

the answer is a. $209,000