Ghana Football Club Had a Player Contract with Mowgli That

Ghana Football Club had a player contract with Mowgli that is recorded in its books at $300,000 on July 1, 2017.Ivory Coast Football Club had a player contract with Eeyore that is recorded in its books at $375,000 on July 1, 2017.On this date, Ghana traded Mowgli to Ivory Coast for Eeyore and paid a cash difference of $37,500.The fair value of the Eeyore contract was $450,000 on the exchange date.After the exchange, the Eeyore contract should be recorded in Ghana's books at

A) $337,500.
B) $375,000.
C) $412,500.
D) $450,000.