Firm ABC exchanged 2,000 shares of its common stock for equipment. There is no readily available estimate of the stock's fair value. The fair value of the equipment is $80,000.

The journal entry to record this transaction includes:

	a.	Credit to Stock Revenue in the amount of $80,000
	b.	Debit to Equipment in the amount of $80,000
	c.	Debit to Common Stock in the amount of $80,000
	d.	Credit to Equipment in the amount of $80,000