Alliance Corp. issues 3,100 shares of $9 par value common stock at $15 per share. When the transaction is recorded, which stockholders' equity accounts will be increased and by what amounts?

A) Common Stock $46,500.

B)

Common Stock $27,900 and Paid-in Capital in Excess of Par Value $18,600.

C)

Common Stock $18,600 and Retained Earnings $27,900.

D)Common Stock $27,900 and Paid-in Capital in Excess of Stated Value $18,600