11. On May 5, 2018, MacDougal Corp. exchanged 4,000 shares of its $20 par value common stock for a patent owned by Masset Co. At May 5, 2018, MacDouga's common stock was quoted at $40 per share, and the patent had a carrying value of $115,000 on Masset's books. MacDougal should record the patent at a $90,000 b. $160,000 c. $80,000 d. $115,000 e. None of the above