Need to solve this case by answers briefly following by the requirements.

THE CASE AND QUESTIONS YOU MUST ANSWER MAY BE FOUND BELOW: WHAT HAPPENS WHEN YOU BARTER WITH STocK? Does It Matter Whether TreasuryStocA or Nesh Clyde: Iacquired this land for my business by issuing stock. I did not pay a penny. Since it's my stock, and I decided how much to give up for the land, does that mean get to determine the value ofthe land on my balance sheet? You could have issued the stock to somebody else, taken the cash received, and paid for the land. right? Clyde: suppose could have, but I did not. Fredrika: The fact that you could have does imply there is some value for the stock and that it can be determined by referring to the market for that stock. Clyde: Ialso bartered for some equipment, lexchanged some treasury stock for those assets, I suppose you are going to suggest that I could have reissued that treasury stock to somebody else, taken the proceeds, and purchased the equipment instead. While I could have, did not. Fredrika: What exactly did you expect the advantage to be of bartering with treasury stock? For that matter, why did you issue stock for the land rather than merely pay cash? Clyde: Frankly, l thought that would allow me to set the value of both the land and the equipment. Imean.when you pay cash, that is the amount paid --open and shut. Whereas, when you barter with goods, services, or in my case stock don't l have some discretion then? Fredrika: Do you believe you paid a fair price in stock? Clyde: Certainly.I mean,Iwould not have given up the stock unless I thought I received fair value in exchange. Are you telling me that the identical value would be recorded in my barter exchanges as if I had given up cash instead of stock or Treasury Stock? Required: Does Clyde have more discretion in the recording of his bartering exchanges than he would have had by paying cash? Use the FASB's Accounting Codification System to answer this question and briefly explain why. Provide the specific citation(s) paragraphs that support your answer by cutting and pasting them from Accounting Standards Codification. Do you think it matters whether treasury stock or newly issued stock is used