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Jose Garcia agrees to contribute land with a fair market value of $ 1 0 , 0 0 0 in exchange for 2 0 0

Jose Garcia agrees to contribute land with a fair market value of $10,000 in exchange for 200 shares of Damian Inc.'s common stock with a par value of $10 per share. The journal entry to record this transaction in the books of Damian, Inc., will include a credit to Blank______ in the amount of Blank______.

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