please show calculations

Farmer Corp. owns 200 acres of land that was purchased in 2009 for $30,000 and is carried on the books at that amount. On December 15, 2018, Farmer declared the land as a property dividend to its common shareholders. The property deeds were distributed on January 15, 2019. On the dividend declaration date, the aggregate market value of the land was $50,000. The dollar amount of the dividend should be reported at

$30,000

$20,000

$50,000

$10,000

$200