Red Inc Issues Shares of Stock with a Par Amount of of $1

Red Inc. issues shares of stock with a par amount of $1 per share in exchange for a machine. In accounting for the transaction:

A) If fair values of the stock and machine are unavailable, the stock should be recorded at its par amount.
B) The stock is recorded at its par amount unless the fair value of the machine is readily available.
C) Both the stock and machine are recorded at the fair value of the stock or the fair value of the machine, whichever is more clearly determinable.
D) The machine should not be depreciated because the stock has no term to maturity.