ABC Company acquired some land (independently appraised at $12,000) and paid for it by issuing 1,000 shares of its common stock (par $10 per share; no market price was quoted). How should this transaction be reported on the Statement of Cash Flows (SCF)?

a.	Not reported on the SCF.
b	Reported $10,000 as a noncash investing and financing activity on the SCF.
c	Report the $12,000 as an inflow of cash on the SCF.
d	Report the $12,000 as a non cash activity.