AE23-16 Wiley Plus

There may be a slight error in your homework assignment for Chapter 23 on problem 23-16.  Some of you may note that the change in land is not equal to the amount of land acquired by issuing common stock.  This is an oversight by WileyPLUS - just pretend that the amount of land issued is equal to the change in land balance and call it a day.  Since it is a non-cash transaction, there will be no consequence on the SCF.