8. Bluesy Company purchased land with a current market value of s240,000. Its book value in the accounts of the seller was $130,500. In exchange with an estimated market value of $14 per share. Bluesy stock is not traded on an established stock exchange. What amount should Bluesy record as the cost of the land? a. $130,500 b. $200,000 for the land, Bluesy issued 20,000 shares of its common stock, par $10, c. $240,000 d. $280,000 vnanAihme relating to its DIant building: c