On March 8, Daschen Inc., a publicly traded company, issued 5,000 preferred shares for cash of $30

Question:

On March 8, Daschen Inc., a publicly traded company, issued 5,000 preferred shares for cash of $30 per share. On April 20, when the shares were trading at $35, the company issued an additional 3,000 preferred shares in exchange for land with a fair value of $110,000.
(a) Prepare the journal entries for each transaction.
(b) Would your answer change if you were unable to determine the land's fair value on April 20?
(c) Would your answer change if Daschen Inc. was a private company using ASPE?