12) On June 30, 2024, Ericson, Inc. purchased land. In payment for the land, Ericson, Inc. issued 13,000 shares of common stock with a $11 par value. The land had been appraised at a market value of $153,000. The journal entry to record this transaction would be: 153,000 143,000 10,000 B) Land Common Stock-$11 Par Value Paid-In Capital in Excess of Par-Common A) Land Common Stock-$11 Par Value D Land Common Stock-$11 Par Value Paid-In Capital in Excess of Par-Common 143,000 143,000 173,000 143,000 30,000 153,000 Land Common Stock-$11 Par Value 153,000