a) On January 2, 2020, AAEE Corporation purchased equipment by signing a noninterest bearing note requiring $60,000 to be paid on December 31, 2022. The prevailing market rate of interest on notes of this nature is 5%. There is no known market value for the equipment AREE b) Also on January 2, 2020 AAEE issued 1,000 shares of its common stock for some equipment owned by BBFF. Currently the BB sells on the stock exchange for $40 per share. The equipment was purchased back in 2015 for $75,000 with no active resale market. c) And finally, on January 2, 2020 GOOGLE donated 200 Chromebooks to AAEE. The fair value of the Chromebooks was $8,000. 1) Identify the asset acquired in each situation and identify which "fair value" is more clearly evident in each situation - the fair value of the asset acquired or the fair value of the consideration given? 2) Come up with an entry for each situation above