Chase County Owned an Idle Parcel of Real Estate Consisting

Chase County owned an idle parcel of real estate consisting of land and a factory building. Chase gave title to this realty to Patton Co. as an incentive for Patton to establish manufacturing operations in the County. Patton paid nothing for this realty, which had a fair market value of $250,000 at the date of the grant. Patton should record this nonmonetary transaction as a

A) memo entry only.
B) credit to Contribution Revenue for $250,000.
C) credit to Extraordinary Income for $250,000.
D) credit to Donated Capital for $250,000.