1)On May 5, 2015, MacDougal Corp. exchanged 4,000 shares of its $25 par value treasury common stock for a patent owned by Masset Co. The treasury shares were acquired in 2014 for $90,000. At May 5, 2015, MacDougal's common stock was quoted at $34 per share, and the patent had a carrying value of $110,000 on Masset's books. MacDougal should record the patent at?

2)On June 30, 2015, Cey, Inc. exchanged 6,000 shares of Seely Corp. $30 par value common stock for a patent owned by Gore Co. The Seely stock was acquired in 2015 at a cost of $165,000. At the exchange date, Seely common stock had a fair value of $46 per share, and the patent had a net carrying value of $330,000 on Gore's books. Cey should record the patent at?

I am so confused on these, thanks for the help