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Sayer Co. entered into a contract woth Bradford Construction Co. for construction of an office...

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Accounting

Sayer Co. entered into a contract woth Bradford Construction Co. for construction of an office building at a cost of $680,000. Upon completion of construction, Bradford agreed to accept in full payment fo the contract price Sayer Co.'s %10 bond with a face value of $350,000 and common stock with a par value of $90,000 and no established fair market value. Sayer Co.'s bonds are selling in the market at this time at 106. how would you recommend the building acquisition be recorded?

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