A company issues 1 million shares of common stock with a par value of $0.21 for $16.90 a share. The entry to record this transaction includes a debit to Cash for:

a) $210,000 and a credit to Common Stock for $210,000.

b) $16,900,000 and a credit to Common Stock for $16,900,000.

c) $16,900,000, a credit to Common Stock for $210,000, and a credit to Additional Paid-in Capital for $16,690,000.

d) $210,000, a debit to Capital Receivable for $16,690,000, a credit to Common Stock for $210,000, and a credit to Additional Paid-in Capital for $16,690,000.