A corporation issued 6,000 shares of its $2 par value common stock in exchange for land that has a market value of $84,000. The entry to record this transaction would include:

A credit to Land for $12,000.

A credit to Paid-in Capital in Excess of Par Value, Common Stock for $72,000.

A debit to Common Stock for $12,000.

A debit to Land for $12,000.

A credit to Common Stock for $84,000.