Which of the following is the correct value for the shares issued?

Artease Corp., a private corporation, issued common shares in exchange for a building that originally cost $1,200,000, had accumulated depreciation of $250,000 and a salvage value of $20,000. The fair value of the building on the date of the exchange was $750,000. The fair value of the company's shares cannot be readily determined. Which of the following is the correct value for the shares issued? Select one: O a. $750,000 O b. $1,200,000 O C. $950,000 O d. $20,000