Vegan Company Reported the Following: Common Stock, $5 Par, 200,000

Vegan Company reported the following: Common stock, $5 par, 200,000 shares authorized, 50,000 shares issued and outstanding
What is the effect of issuing 2,000 shares of common stock in exchange for land with valued by a realtor at $36,000 if the common stock sells for $12 per share and is regularly traded?

A) The Land account increases by $24,000.
B) Retained Earnings decreases by $10,000.
C) Common Stock increases by $36,000.
D) Additional Paid-in Capital - Common increases by $24,000.