Salt Company, a newly established subsidiary of Pepper Corporation, received assets with an original cost of $260,000, a fair value of $200,000, and a book value of $140,000 from the parent in exchange for 7,000 shares of Salt’s $8 par value common stock. Salt should record

a. Additional paid-in capital of $0.

b. Additional paid-in capital of $84,000.

c. Additional paid-in capital of $144,000.

d. Additional paid-in capital of $204,000.