Baltic Co. issued 1,000 shares of privately held common stock, $1 par and paid cash of $50,000 to purchase land with a fair value of $200,000. The fair value of the common stock is not readily determinable

What is the impact on the statement of cash flows including any required disclosures?

	A.	Investing cash outflow of $200,000; Financing cash inflow of $150,000; Noncash disclosure of a $200,000 exchange of common stock for land.
	B.	Investing cash outflow of $200,000; Financing cash inflow of $150,000; Noncash disclosure of a $150,000 exchange of common stock for land
	C.	Noncash disclosure of a $150,000 exchange of common stock for land.
	D.	Investing cash outflow of $50,000; Noncash disclosure of a $150,000 exchange of common stock for land.