a Legal Expense 9,000 Common Stock 9,000 b. Legal Expense 8,000 Common Stock 8,000 C Legal Expense 8,000 Common Stock 2,000 Paid-in Capital in Excess of Par - Common 6,000 d Legal Expense 9,000 Common Stock 2,000 Paid-in Capital in Excess of Par-Common 7,000 S. Lamar performed legal services for E. Garr. Due to a cash shortage, an agreement was reached whereby E. Garr. would pay S. Lamar a legal fee of approximately $8,000 by issuing 2,000 shares of its common stock (par $1). The stock trades on a daily basis and the market price of the stock on the day the debt was settled is $4.50 per share. Given this information, the journal entry for E. Garr. to record this transaction is: