ABC Corp. acquires a patent from XYZ Co. in exchange for 2,500 shares of ABC Corp.'s $5 par value ordinary shares and $80,000 cash. When the patent was initially issued to XYZ Co., ABC Corp.'s shares were selling at $7.50 per share. When ABC Corp. acquired the patent, its shares were selling for $9 a share. ABC Corp. should record the patent at what amount?

A. $97,500
B. $92,500
C. $103,500
D. $85,000