On December 1, 2020, Young Corporation exchanged 8.000 shares of its $25 par value common stock for a parcel of land to be held for a future plant site. On the date of the exchange, the common shares of Young had a fair value of $80 per share. Young received $36.000 for selling scrap when an existing building on the property was removed from the site. Based on these facts, the land should be recorded at: a. $200,000 ab b. $236,000. c. $640,000 d. $604,000