Petty County Owned an Idle Parcel of Real Estate Consisting

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